Suppose (rounded to the nearest thousand) that the mean cost of a house is $152,000 with a standard deviation of $44,000 in Pittsburgh and that house prices are normally distributed.Between what two prices do the middle 95% of houses fall in Pittsburgh? Find the probability that a house costs less than $100,000. If you are in the market for one of the most expensive 10% of houses, what price range are you exploring?

Name: Suppose (rounded to the nearest thousand) that the mean cost of a hous
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Description: Suppose (rounded to the nearest thousand) that the mean cost of a house is $152,000 with a standard deviation of $44,000 in Pittsburgh and that house prices are normally distributed.Between what two prices do the middle 95% of houses fall in Pittsbur

Given Information: Population mean (u) = $ 152,000 Standard Deviation (σ) = $ 44,000 1. To find the…

Answered: Suppose (rounded to the nearest…

MATLAB: An Introduction with Applications

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ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

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Suppose (rounded to the nearest thousand) that the mean cost of a house is $152,000 with a standard deviation of $44,000 in Pittsburgh and that house prices are normally distributed.

1. Between what two prices do the middle 95% of houses fall in Pittsburgh?
Find the probability that a house costs less than $100,000.
If you are in the market for one of the most expensive 10% of houses, what price range are you exploring?

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