Suppose that property taxes on homes in Iowa City, Iowa, have an approximately normal distribution with a
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Suppose that property taxes on homes in Iowa City, Iowa, have an approximately normal distribution with a mean of $4500 and a standard deviation of $1500. The property tax for one particular home is $7000.
(a) Find the z-score corresponding to that value.
(b) What proportion of the property taxes exceed $7000?
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John Kago
Am a processional practicing accountant with 5 years experience in practice, I also happens to have hands on experience in economic analysis and statistical research for 3 years. am well conversant with Accounting packages, sage, pastel, quick books, hansa world, etc, I have real work experience with Strata, and SPSS
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