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Problem 2. Home cost The average cost of a single detached home in Pricy Town for 2014 is $482,000 with a standard deviation $36,000. Let

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Problem 2. Home cost The average cost of a single detached home in Pricy Town for 2014 is $482,000 with a standard deviation $36,000. Let X be the mean price of 49 houses. Find the probability that X: a. is greater than $492,000. [3 marks] b. will fall between $476,000 and $488,000. [4 marks]

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