Question
The average cost to rent a single-family home in Vero Beach is $1,980 per month. Assume that the distribution of the monthly rent of all
The average cost to rent a single-family home in Vero Beach is $1,980 per month. Assume that the distribution of the monthly rent of all single-family homes in Vero Beach is normally distributed with a standard deviation of $150. Use this information to determine the following probabilities. Round solutions to four decimal places, if necessary. Find the probability that a random sample of 64 homes in Vero Beach has a mean rent greater than $1,939. P(x>1939)= Find the probability that a random sample of 64 homes in Vero Beach has a mean rent between $1,923 and $1,961. P(1923
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