Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can someone help me step by step with B- D please? A town has 500 real estate agent. the mean value of the properties sold

image text in transcribed
can someone help me step by step with B- D please? A town has 500 real estate agent. the mean value of the properties sold in a year by these agents is $950,000 and the standard deviation is $200,000. A random sample of 100 agents is selected. B. the probabilit that the sample mean exceeds 965,000 is? (round to 4 decimal places) C. the probability that the sample mean exceeds $934,000 is? (round to 4 decimal places) D. The probability that the sample mean is between $941,000 to $970,000 is? (round to 4 decimal places)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Capital In The Twenty-First Century

Authors: Thomas Piketty, Arthur Goldhammer

1st Edition

067443000X, 9780674430006

More Books

Students also viewed these Economics questions

Question

How can organisations benefit from Business process management?

Answered: 1 week ago

Question

Do you set targets to reduce complaints?

Answered: 1 week ago