Question
Housing prices in a small town are normally distributed with a mean of $145,000 and a standard deviation of $8,000 . Use the empirical rule
Housing prices in a small town are normally distributed with a mean of $145,000
and a standard deviation of $8,000
. Use the empirical rule to complete the following statement. Approximately 68%
of housing prices are between a low price of $ ?
and a high price of $ ?
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College Mathematics for Business Economics Life Sciences and Social Sciences
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
12th edition
321614003, 978-0321614001
