Answered: (c) Find the 55" percentile of the…

(c) Find the 55" percentile of the sample mean. Round the answer to at least two decimal places. The 55th percentile of the sample mean rent is $

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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Question

High-rent district: The mean monthly rent for a one-bedroom apartment without a doorman in Manhattan is $2681. Assume the standard deviation is $510. A real estate firm samples 112 apartments. Use the TI-84 Plus calculator and answer the three questions.

Part 3 of 5
(c) Find the 55th
percentile of the sample mean. Round the answer to at least two decimal places.
The 55th
percentile of the sample mean rent is $

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