Compute z-scores and use them to compare values from different data sets Question In a recent national survey, the mean price for a 2000 sq ft home in Florida is $240,000 with a standard deviation of $16,000. The mean price for the same sized home in Ohio is $170,000 with a standard deviation of $12,000. In which city would a home priced at $200,000 be closer to the mean price, compared to the distribution of prices in the city? Find the z-score corresponding to each city. Provide your answer below: Florida z-score: Ohio z-score:
Compute z-scores and use them to compare values from different data sets Question In a recent national survey, the mean price for a 2000 sq ft home in Florida is $240,000 with a standard deviation of $16,000. The mean price for the same sized home in Ohio is $170,000 with a standard deviation of $12,000. In which city would a home priced at $200,000 be closer to the mean price, compared to the distribution of prices in the city? Find the z-score corresponding to each city. Provide your answer below: Florida z-score: Ohio z-score:
Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter11: Data Analysis And Displays
Section: Chapter Questions
Problem 5CT
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