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Suppose the mean income of households in Utica is $50,000 with a standard deviation of $10,000. a) Can we use Table A, the Standard Normal
Suppose the mean income of households in Utica is $50,000 with a standard deviation of $10,000.
a) Can we use Table A, the Standard Normal table, to estimate the probability that a single randomly chosen Utica household will have an income of less than $52,500? Why or why not?
Table A, standard normal table provided below
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