A high end store is looking to open new stores, but requires that 85% of the households in a community have an income of $90,000 or more in order to support the store. If the household incomes in a certain community are normally distributed with a mean of $98,000 and a standard deviation of $5,000, will the store open in that community? Explain why or why not.
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Let X= income of the households
Given that X is normally distributed with mean= 98000 and standard deviation= 5000
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