In the United States, capital gains on homes is taxable if the amount exceeds a set amount.
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In the United States, capital gains on homes is taxable if the amount exceeds a set amount. In one large American city the amount of capital gains on houses was studied. It turns out that the variable is normally distributed with a mean of $41,000 and a standard deviation of $19,000. What is the probability that a house has a negative capital gain?
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