Statistical Techniques in Business and Economics
16th Edition
ISBN: 9780077639723
Author: Lind
Publisher: Mcgraw-Hill Course Content Delivery
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Chapter 7, Problem 74DE
a.
To determine
Find the percentage of homes that were sold for more than $280 using the
Compare the obtained values with the original results.
Check whether the normal distribution gives a good approximation of the actual results.
b.
To determine
Find the number of homes that are between 18 and 22 miles from the center of the city using the normal distribution.
Compare the obtained values with the original results.
Check whether the normal distribution gives a good approximation of the actual results.
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Chapter 7 Solutions
Statistical Techniques in Business and Economics
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