Question
The average rent in a city is $1,220 per month with a standard deviation of $250. Assume rent follows the normal distribution. What percentage of
The average rent in a city is $1,220 per month with a standard deviation of $250. Assume rent follows the normal distribution.
What percentage of rents are between $470 and $1,970?
Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.
What percentage of rents are less than $470?
Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.
What percentage of rents are greater than $1,470?
Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.
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Canadian Multinationals And International Finance
Authors: Gregory P. Marchildon, Duncan McDowall
1st Edition
0714634816, 978-0714634814
