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Questions 1-3: A real estate agent sells houses in two different neighborhoods. In Neighborhood A, the distribution of house prices has a mean of $300,000
Questions 1-3: A real estate agent sells houses in two different neighborhoods. In Neighborhood A, the distribution of house prices has a mean of $300,000 with a standard deviation of $35,000. In Neighborhood B, the distribution of house prices has a mean of $500,000 with a standard deviation of $120,000. Calculate and interpret the standardized score (z-score) for a house that costs $180,000 in Neighborhood A
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