Question
Housing prices in a small town are normally distributed with a mean of $140,000 and a standard deviation of $9,000. Use the empirical rule to
Housing prices in a small town are normally distributed with a mean of $140,000 and a standard deviation of $9,000. Use the empirical rule to complete the following statement.
Approximately 99.7% of housing prices are between a low price of
and a high price of $
.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Linear Algebra and Its Applications
Authors: Gilbert Strang
4th edition
30105678, 30105676, 978-0030105678
