The average cost to rent a single-family home in Okeechobee is $1,313 per month. Assume that the distribution of the monthly rent of all single-family homes in Okeechobee is normally distributed with a standard deviation of $66. Use this information to determine the following probabilities. Round solutions to four decimal places, if necessary. Find the probability that a random sample of 57 homes in Okeechobee has a mean rent less than $1,342. Find the probability that a random sample of 57 homes in Okeechobee has a mean rent between $1,309 and $1,330.
The average cost to rent a single-family home in Okeechobee is $1,313 per month. Assume that the distribution of the monthly rent of all single-family homes in Okeechobee is normally distributed with a standard deviation of $66. Use this information to determine the following probabilities. Round solutions to four decimal places, if necessary. Find the probability that a random sample of 57 homes in Okeechobee has a mean rent less than $1,342. Find the probability that a random sample of 57 homes in Okeechobee has a mean rent between $1,309 and $1,330.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The average cost to rent a single-family home in Okeechobee is $1,313 per month. Assume that the distribution of the monthly rent of all single-family homes in Okeechobee is
Find the
Find the probability that a random sample of 57 homes in Okeechobee has a mean rent between $1,309 and $1,330.
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