Albertans are reported to owe $243,300 in mortgage debt, much higher than the Canadian average. What is the probability of randomly selecting a Canadian with mortgage debt that exceeds $243,300?   Round to four decimal places if necessary b. What is the probability of randomly selecting a Canadian with mortgage debt below $105,000?   Round to four decimal places if necessary c. Determine the minimum mortgage debt owing by the 26% of Canadians with the largest mortgages.

Q: Suppose a brewery has a filling machine that fills​ 12-ounce bottles of beer. It is known that the…

A: Mean = 12.33 Standard deviation = 0.04

Q: Harrisburg International Airport records daily weather data. Upon analyzing the average high…

A: GivenMean(μ)=41.1standard deviation(σ)=5.0

Q: 5. According to the Boston Globe in 2012, a typical college student graduated with $27,200 of debt.…

A: The mean is $27,200 and the standard deviation is $25,000.

Q: The average price of gasoline in the US is $3.73 and in Russia it is $3.40. Assume these averages…

A: It is given that average price of gasoline in the US is $3.73 with a standard deviation of $0.25 and…

Q: approximately

A:

Q: Among U.S. cities with a population of more than 250,000 the mean one-way commute time to work is…

A: Mean()=38.9Standard deviation()=7.9

Q: Assume that the distribution of starting salaries for accounting majors is normally distributed with…

A: The problem provides us with the following values:Mean (μ) = $45,000Standard deviation (σ) =…

Q: personal computer is used for office work at home, research, communication, personal finances,…

A: Let X be the random variable from normal distribution with average or mean (μ) = 2 hours and…

Q: A personal computer is used for office work at home, research, communication, personal finances,…

A:

Q: The mean monthly rent for a one-bedroom apartment without a doorman in Manhattan is $ 2,650 . Assume…

A: Given,Meanμ=2650Standard Deviation(σ)=500Sample Size(n)=100