) Operation: "Calculate a value corresponding to an area". Express answers to 2 decimal places (hint: you can use the "invNorm" calculator function.) Let X The price of homes in a particular county (in $) where X ~N ($150000, $2000) a) 37% of all home prices are less than what price? P(X price) 0.37 What Percentile is this price: 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
Question
??????????
) Operation: "Calculate a value corresponding to an area". Express answers to 2 decimal places
(hint: you can use the "invNorm" calculator function.)
Let X The price of homes in a particular county (in $) where X~N ($150000, $2000)
a) 37% of all home prices are less than what price?
P(X price) 0.37
What Percentile is this price:
price $
b) 24% of all home prices are more than what price?
P(X price) 0.24
price = $
Transcribed Image Text:) Operation: "Calculate a value corresponding to an area". Express answers to 2 decimal places (hint: you can use the "invNorm" calculator function.) Let X The price of homes in a particular county (in $) where X~N ($150000, $2000) a) 37% of all home prices are less than what price? P(X price) 0.37 What Percentile is this price: price $ b) 24% of all home prices are more than what price? P(X price) 0.24 price = $
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