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You may need to use the appropriate appendix table to answer this question. According to Money magazine, Maryland had the highest median annual household income of any state in 2018 at $75,847.† Assume that annual household income in Maryland follows a normal distribution with a median of $75,847 and standard deviation of $33,800. (a) What is the probability that a household in Maryland has an annual income of $110,000 or more? (Round your answer to four decimal places.) (b) What is the probability that a household in Maryland has an annual income of $50,000 or less? (Round your answer to four decimal places.) (c) What is the probability that a household in Maryland has an annual income between $40,000 and $70,000? (Round your answer to four decimal places.)

You may need to use the appropriate appendix table to answer this question. According to Money magazine, Maryland had the highest median annual household income of any state in 2018 at $75,847.† Assume that annual household income in Maryland follows a normal distribution with a median of $75,847 and standard deviation of $33,800. (a) What is the probability that a household in Maryland has an annual income of $110,000 or more? (Round your answer to four decimal places.) (b) What is the probability that a household in Maryland has an annual income of $50,000 or less? (Round your answer to four decimal places.) (c) What is the probability that a household in Maryland has an annual income between $40,000 and $70,000? (Round your answer to four decimal places.)

MATLAB: An Introduction with Applications
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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You may need to use the appropriate appendix table to answer this question. According to Money magazine, Maryland had the highest median annual household income of any state in 2018 at $75,847.† Assume that annual household income in Maryland follows a normal distribution with a median of $75,847 and standard deviation of $33,800. (a) What is the probability that a household in Maryland has an annual income of $110,000 or more? (Round your answer to four decimal places.) (b) What is the probability that a household in Maryland has an annual income of $50,000 or less? (Round your answer to four decimal places.) (c) What is the probability that a household in Maryland has an annual income between $40,000 and $70,000? (Round your answer to four decimal places.) (d) What is the annual income (in $) of a household in the ninety-first percentile of annual household income in Maryland? (Round your answer to the nearest cent.
Transcribed Image Text:You may need to use the appropriate appendix table to answer this question. According to Money magazine, Maryland had the highest median annual household income of any state in 2018 at $75,847.† Assume that annual household income in Maryland follows a normal distribution with a median of $75,847 and standard deviation of $33,800. (a) What is the probability that a household in Maryland has an annual income of $110,000 or more? (Round your answer to four decimal places.) (b) What is the probability that a household in Maryland has an annual income of $50,000 or less? (Round your answer to four decimal places.) (c) What is the probability that a household in Maryland has an annual income between $40,000 and $70,000? (Round your answer to four decimal places.) (d) What is the annual income (in $) of a household in the ninety-first percentile of annual household income in Maryland? (Round your answer to the nearest cent.
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