Home prices in a particular neighborhood average $350k with a standard deviation of $30k. They are not Normally distributed. Your realtor pulls a random sample of 30 houses for you to look at. What is the probability that the average price of these 30 houses is more than $345k? (Please round your answer to 3 decimal places: ex, 0.123)
Home prices in a particular neighborhood average $350k with a standard deviation of $30k. They are not Normally distributed. Your realtor pulls a random sample of 30 houses for you to look at. What is the probability that the average price of these 30 houses is more than $345k? (Please round your answer to 3 decimal places: ex, 0.123)
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Home prices in a particular neighborhood average $350k with a standard deviation of $30k. They are not
What is the probability that the average
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