Multiple Choice
If the average price of a new one-family home is $243,500 with a standard deviation of $15,000, find the minimum and maximum prices of the houses that a contractor will
Build to satisfy the middle 80% of the market. Assume that the variable is normally
Distributed.
A) $230,900 and $256,100
B) $242,000 and $245,000
C) $230,000 and $257,000
D) $224,300 and $262,700
Correct Answer:
Verified
Correct Answer:
Verified
Q82: The average age of vehicles registered in
Q83: <span class="ql-formula" data-value="\text { Find the }
Q84: Use the normal approximation to find
Q85: Use the normal approximation to find
Q86: <span class="ql-formula" data-value="\text { The probability }
Q88: If a normal distribution has a mean
Q89: <span class="ql-formula" data-value="X"><span class="katex"><span class="katex-mathml"><math xmlns="http://www.w3.org/1998/Math/MathML"><semantics><mrow><mi>X</mi></mrow><annotation encoding="application/x-tex">X</annotation></semantics></math></span><span
Q90: <span class="ql-formula" data-value="\text { Find the probability
Q91: For a normal distribution curve with a
Q92: The normal distribution curve can be used