The rent for a one-bedroom apartment in Wooster is a normally distributed random variable witha mean of $500 and a standard deviation of $50.a. What is the probability that the rent for a one-bedroom apartment will be between $460and $540?b. Determine the maximum rent of the lowest 20% of all apartments.c. If the rents for 1000 one-bedroom apartments are at least $510, how many one-bedroomapartments are in Wooster?

Answered: Image /qna-images/answer/b269f0e9-d781-4438-9e8e-9b5e939fa4b4.jpg

Answered: The rent for a one-bedroom apartment in…

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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Assume the selling prices of homes in a particular community follow a normal distribution with a mean of $263,100 and a standard deviation of $43,200. Complete parts a through c. a. Determine the range of selling prices in this community that includes one standard deviation around the mean. The range is from $ to $ (Type integers or decimals. Use ascending order.) b. Determine the range of selling prices in this community that includes two standard deviations around the mean. The range is from $ to $ (Type integers or decimals. Use ascending order.) c. Determine the range of selling prices in this community that includes three standard deviations around the mean. The range is from $ to $1. (Type integers or decimals. Use ascending order.)
Citizens use an average of 650 pounds of paper a year. Suppose that the distribution is normal with a population standard deviation of 153.5 pounds. Suppose you take a random sample of 25 Citizens. What is the probability that the mean pounds of paper used in a year are between 500 and 700 pounds
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The histogram (click the attacthed photo to view) shows the distribution of hurricanes that have hit a country from 1851 through 2015, where 1 is the weakest level and 5 is the strongest level. A) The mean is? B) The variance is? C)The standard deviation is?
You have a uniform distribution whose lowest value is 7 and whose highest value is 15. Find the probability that a randomly selected number from this distribution will be between 9.3 and 10.6.
Use the Central Limit Theorem to find the mean and standard error of the mean of the indicated sampling distribution. The monthly rents for studio apartments in a certain city have a mean of $1,040 and a standard deviation of $200. Random samples of size 60 are drawn from the population and the mean of each sample is determined. Round the answers to the nearest hundredth. OA. $134.26, $200.00 ry OB. $134.26, $25.82 OC. $1,040.00, $3.33 ns OD. $1,040.00, $25.82 15 2 4+ to 144 A41 Insert prt so → ( P 2 @ 2 W S X 3 E D 14101 $ C 4 R F % 5 T 40 6 G V B Y 4- & H 7 U N 00 8 J 1 M 9 K ► 11 ) O O L { alt + [ ? = 1 1 backs
Jodie's Ice Cream Stand sells cones at the beach. Her records show that she sells a mean of 180 cones each day, with a standard deviation of 15 cones, distributed normally. She would like to keep the probability of running out of cones below 1%. How many cones should she stock each day?
K The lengths of pregnancies are normally distributed with a mean of 269 days and a standard deviation of 15 days. a. Find the probability of a pregnancy lasting 308 days or longer. b. If the length of pregnancy is in the lowest 3%, then the baby is premature. Find the length that separates premature babies from those who are not premature. Click to view page 1 of the table. Click to view page 2 of the table. a. The probability that a pregnancy will last 308 days or longer is (Round to four decimal places as needed.) b. Babies who are born on or before (Round to the nearest integer as needed.) days are considered premature. .
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