Tom and his family are relocating to Los Angeles. They purchased a home they really like, which cost S785,000, The mean price among the homes in the area isS790,000 with a standard deviation of $20,050.(a) Find the z-score of the price of Tom's home relative to the prices among the homes in the area. Round your answerto two decimal places.(b) Fill in the blanks to interpret the z-score of the price of Tom's home. Make sure to express your answer in terms of apositive number of standard deviations.the mean price among the homes in theTom's home price was I standard deviations (Choose one)area.

Answered: Image /qna-images/answer/5572cf6b-ac98-4145-a5a2-b39a021ce27c.jpg

Answered: Tom and his family are relocating to…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

See similar textbooks

Similar questions

The distribution of the scores on a standardized exam is approximately normal with mean 400 and standard deviation 35. Between what two values do the middle 50% of scores lie? Round to the nearest whole number. Write you answers with comma between them.
Mark went around the neighborhood collecting spare change for charity. The 7 families gave: $5.00 , $4.00 ,$4.00 , ,$6.00, $6.00, $5.00, $5.00 . What was the mean absolute deviation of the amounts of change given?
Solve the problem. A math teacher gives two different tests to measure students' aptitude for math. Scores on the first test are normally distributed with a mean of 22 and a standard deviation of 5. Scores on the second test are normally distributed with a mean of 71 and a standard deviation of 10.3. Assume that the two tests use different scales to measure the same aptitude. If a student scores 29 on the first test, what would be his equivalent score on the second test? (That is, find the score that would put him in the same percentile.) 078 83 86 85
Juan and his family are relocating to Los Angeles. They purchased a home they really like, which cost $739,000 . The mean home price in the area is $ 735,000 with a standard deviation $17,050 . Find the z-score of the price of Juan's home relative to the prices among all the homes in the area. Round your answer to two decimal places. z=
Suppose that the mean score of a class of 35 students was 74. The 18 male students in the class had a mean score of 66. What was the mean score for the 17 female students? Mean Score for Female Students =
The mean grade of in the final examination in the mathematics was 85 and tje standard deviation was 7.in science , his mean grade was 89 and the standard deviation was 13.
Suppose that the mean score of a class of 34 students was 79. The 15 male students in the class had a mean score of 62. What was the mean score for the 19 female students? Mean Score for Female Students = preview answers
Suppose that the mean score of a class of 34 students was 73. The 19 male students in the class had a mean score of 72. What was the mean score for the 15 female students? Mean Score for Female Students =
Suppose that the mean score of a class of 28 students was 77. The 16 male students in the class had a mean score of 64. What was the mean score for the 12 female students? Mean Score for Female Students =
Mario's weekly poker winnings have a mean of $353 and a standard deviation of $67. Last week he won $185. How many standard deviations from the mean is that?
Solve this for me
Todd just got back his exam grades in three classes. In biology the class mean was 75.80 with a standard deviation of 5.15, Todd got an 84.00. In political science the class mean was 84.00 with a standard deviation of 5.50, Todd got an 84.00. In economics the class mean was 87.50 with a standard deviation of 5.60, Todd got a 84.00. 10. What percentage of the economics class scores higher than Todd? 11. Which class is Todd doing best in? State how you determined your answer. 12. Which class is Todd doing worst in? State how you determined your answer.

Recommended textbooks for you

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

SEE MORE TEXTBOOKS