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The probability distribution of selling prices for nonwaterfront properties in a seaside area is normally distributed with standard deviation equal to $400,000. 10% of these
The probability distribution of selling prices for nonwaterfront properties in a
seaside area is normally distributed with standard deviation equal to
$400,000. 10% of these properties had a selling price that exceeded
$1,500,000.
The 75th percentile of the selling prices of these properties is:
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