Given a mean price of a residential real estate sales of KD 527,000 and a standard deviation of KD 3,270, what is the probability of having a sale above KD 550,000? Having a sale below KD 522,500?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Given a mean price of a residential real estate
sales of KD 527,000 and a standard deviation
of KD 3,270, what is the probability of having
a sale above KD 550,000? Having a sale
below KD 522,500?
Transcribed Image Text:Given a mean price of a residential real estate sales of KD 527,000 and a standard deviation of KD 3,270, what is the probability of having a sale above KD 550,000? Having a sale below KD 522,500?
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