FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose that prices of a certain model of new homes are normally distributed with a mean of $150,000. Use the 68-95-99 7 rule to find

image text in transcribed
image text in transcribed

Suppose that prices of a certain model of new homes are normally distributed with a mean of $150,000. Use the 68-95-99 7 rule to find the percentage of buyers who paid between $150,000 and $156,000, if the standard deviation is $2,000A. 49.85%B. 47.5%C. 99.7%D. 34%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Precalculus

Precalculus

Authors: Braja M Das, David Cohen, Theodore B Lee, David Sklar

7th Edition

1133386482, 9781133386483

More Books

Students also viewed these Mathematics questions

Question

★★★★★
According to theories presented in this chapter, why do companies engage in foreign direct investment?

Answered: 1 week ago

Question

★★★★★
=+Plaques shipped 60 ________ Cost per plaque $ 101.00 ________ ________ Job 212 May 6 Cost per Unit Units Job Cost Direct materials: Wood $32.00/unit 48 units $ 1,536 Brass 24.00/unit 48 units...

Answered: 1 week ago

Question

★★★★★
The value of an investment at the end of a certain period is described by a random variable X with density function f (x) = 1 x 2 e(ln x4)22, x > 0, 0, x 0. (i) Find the probability that, at the...

Answered: 1 week ago

Question

★★★★★
pass the journal entries 1) May1, 2019 Business owner opened Renovation& design company and invested $60,000 in business bank account 2) May1, 2019 Business bought supplies $1700 , paid in cash...

Answered: 1 week ago

Question

★★★★★
Jobson is a business broker for an international consultancy firm based in Tuvalu. In Tuvalu, he has owns his home, a rental property, sugar cane plantation (managed by his brother) and cash deposits...

Answered: 1 week ago

Question

★★★★★
Residual income The operating income and the amount of invested assets in each division of Conley Industries are as follows: Operating Income Invested Assets Retail Division $58,000 $290,000...

Answered: 1 week ago

Question

★★★★★
In the two debugging exercises below can someone point out to me where errors are and what Correct coding is to fix the errors. // Program asks students for score on test and displays corresponding...

Answered: 1 week ago

Question

★★★★★
1. Oliver, Patrick & Quincy LLP, is beginning liquidation. It has no cash, total liabilities of P60,000 including a P10,000 loan payable to Patrick, and equal partners' capital account balances of...

Answered: 1 week ago

Question

★★★★★
Jump to level 1 A multimedia application allows users to create and edit their own songs and videos The customer owns the servers used in customer facilities. Which layers are managed by the...

Answered: 1 week ago

Question

★★★★★
Consider the following relations: Student (student_no, name, address, GPA) Course (course_no, title, texbook) Instructor (instructor_no, name, phone_no, specialization) Registration (student_no,...

Answered: 1 week ago

Question

★★★★★
"Explain the relationship between the EMPLOYEE and PROJECT table, EMPPROJACT and ACT table" DROP DATABASE IF EXISTS SAMPLE; CREATE DATABASE SAMPLE; USE SAMPLE; CREATE TABLE DEPARTMENT ( DEPTNO...

Answered: 1 week ago

Question

★★★★★
Antioch Company makes eBook readers. The company had the following amounts at the beginning of Year 2 : Cash, 5668.000 . Raw Materials Inventory, $64,000, Work in Proces5 inventory, $38,000. Finished...

Answered: 1 week ago

Question

★★★★★
What are the major risks for an NGO that refuses to participate in the coordination mechanism in place in the disaster-affected country or region? What does it gain and what does it lose by choosing...

Answered: 1 week ago

Question

★★★★★
What is the risk of allowing a disaster-affected country to reprogram a regular development loan, such as one that covers the construction of a new hospital, to be used for disaster relief? Under...

Answered: 1 week ago

Question

★★★★★
What aspects of the military make it so effective overseas?

Answered: 1 week ago

Previous Question Next Question