Solved

Suppose That Incomes in a Certain Area Are Normally Distributed

Question 5

Short Answer

Suppose that incomes in a certain area are normally distributed with mean $54,000 and standard deviation $3000 . Give the probability density function for the income of a randomly selected citizen in this region.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions