ew-Homes Prices If the average price of a new one-family home is $246,300 with a standard deviation of $15,000, ind the minimum and maximum prices of the houses that a contractor will build to satisfy the middle 80% of the marke Assume that the variable is normally distributed. Round z-value calculations to 2 decimal places and final answers to the earest dollar. Minimum price: Maximum price:
ew-Homes Prices If the average price of a new one-family home is $246,300 with a standard deviation of $15,000, ind the minimum and maximum prices of the houses that a contractor will build to satisfy the middle 80% of the marke Assume that the variable is normally distributed. Round z-value calculations to 2 decimal places and final answers to the earest dollar. Minimum price: Maximum price:
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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![**New-Homes Prices:** If the average price of a new one-family home is $246,300 with a standard deviation of $15,000, find the minimum and maximum prices of the houses that a contractor will build to satisfy the middle 80% of the market. Assume that the variable is normally distributed. Round z-value calculations to 2 decimal places and final answers to the nearest dollar.
- **Minimum price:** $[ ]
- **Maximum price:** $[ ]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2039606c-ddf8-4dfc-99c4-5a13e28c47b4%2Fa04d0c52-d716-4697-bd98-a0467df126c0%2Fuxbb4tl_processed.jpeg&w=3840&q=75)
Transcribed Image Text:**New-Homes Prices:** If the average price of a new one-family home is $246,300 with a standard deviation of $15,000, find the minimum and maximum prices of the houses that a contractor will build to satisfy the middle 80% of the market. Assume that the variable is normally distributed. Round z-value calculations to 2 decimal places and final answers to the nearest dollar.
- **Minimum price:** $[ ]
- **Maximum price:** $[ ]
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