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Prices in a nearby housing development are normally distributed with a mean of $256,000 and a standard deviation of $4,500. What is the cutoff price

Prices in a nearby housing development are normally distributed with a mean of $256,000 and a standard deviation of $4,500. What is the cutoff price that separates the top 5%? $265,000.00 $263,401.84 $261,766.98 $256,000.00 $250,233.02 $248,598.16 $247,000.00 None of the other answers is correct

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