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 maximı prices of the houses that a contractor will build to satisfy the middle 44% the market. Assume that the variable is normally distributed. Round z-v calculations to 2 decimal places and final answers to the nearest dollar.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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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 44% 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: $
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 44% 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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