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The price of new 2-story homes in a particular neighborhood are normally distributed, with a mean of $210,000 and a standard deviation of $5600. The
The price of new 2-story homes in a particular neighborhood are normally distributed, with a mean of $210,000 and a standard deviation of $5600. The price of new single-story homes in the neighborhood are also normally distributed, but with a mean of $180,000 and a standard deviation of $5200. a) If a new 2 story home costs $216,000, what is the corresponding zscore (to 2 decimal places)? Z: b) If a new single-story home costs $187,000, what is the corresponding z-score (to 2 decimal places)? Z: 0) Which house is more expensive, relative to its market? 0 The single-story home. 0 The 2-story home
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