The average cost to rent a single-family home in Vero Beach is $1,206 per month. Assume that the distribution of the monthly rent of all single-family homes in Vero Beach is normally distributed with a standard deviation of $75. Use this information to determine the following probabilities. Round solutions to four decimal places, if necessary. Find the probability that a random sample of 142 homes in Vero Beach has a mean rent less than $1,212. P(ē < 1212) : Find the probability that a random sample of 142 homes in Vero Beach has a mean rent between $1,189 and $1,217. P(1189 < a < 1217)

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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The average cost to rent a single-family home in Vero Beach is $1,206 per month. Assume that the
distribution of the monthly rent of all single-family homes in Vero Beach is normally distributed with a
standard deviation of $75. Use this information to determine the following probabilities. Round solutions to
four decimal places, if necessary.
Find the probability that a random sample of 142 homes in Vero Beach has a mean rent less than $1,212.
P( < 1212) =
Find the probability that a random sample of 142 homes in Vero Beach has a mean rent between $1,189 and
$1,217.
P(1189 < a < 1217)
Transcribed Image Text:The average cost to rent a single-family home in Vero Beach is $1,206 per month. Assume that the distribution of the monthly rent of all single-family homes in Vero Beach is normally distributed with a standard deviation of $75. Use this information to determine the following probabilities. Round solutions to four decimal places, if necessary. Find the probability that a random sample of 142 homes in Vero Beach has a mean rent less than $1,212. P( < 1212) = Find the probability that a random sample of 142 homes in Vero Beach has a mean rent between $1,189 and $1,217. P(1189 < a < 1217)
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