Essay
Solar energy is considered by many to be the energy of the future. A recent survey was taken to compare the cost of solar energy to the cost of gas or electric energy. Results of the survey revealed that the distribution of the amount of the monthly utility bill of a 3-bedroom house using gas or electric energy had a mean of $134 and a standard deviation of $15. Assuming the distribution is mound-shaped and symmetric, would you expect to see a 3-bedroom house using gas or electric energy with a monthly utility bill of $216.50? Explain.
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The z-score for the value $216.50 is:z =...View Answer
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