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2. Assume that the prices paid for housing within a neighborhood have a normal distribution, with mean $100,000, and standard deviation of $35,000. (a) What percentage of houses in the neighborhood have prices between $90,000 and $130,000? (b) What price of housing is such that only 12% of all houses in the neighborhood have lower prices?

2. Assume that the prices paid for housing within a neighborhood have a normal distribution, with mean $100,000, and standard deviation of $35,000. (a) What percentage of houses in the neighborhood have prices between $90,000 and $130,000? (b) What price of housing is such that only 12% of all houses in the neighborhood have lower prices?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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May i know the answer and the porcess ? both subpart a and b 

only 10% of the time? 2. Assume that the prices paid for housing within a neighborhood have a normal distribution, with mean $100,000, and standard deviation of $35,000. (a) What percentage of houses in the neighborhood have prices between $90,000 and $130,000? (b) What price of housing is such that only 12% of all houses in the neighborhood have lower prices? (Continued)
Transcribed Image Text:only 10% of the time? 2. Assume that the prices paid for housing within a neighborhood have a normal distribution, with mean $100,000, and standard deviation of $35,000. (a) What percentage of houses in the neighborhood have prices between $90,000 and $130,000? (b) What price of housing is such that only 12% of all houses in the neighborhood have lower prices? (Continued)
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