Short Answer
A housing developer suspects that housing prices in a geographical area are higher than the national average. Suppose the average national home price is with a standard deviation of , and the developer decides to build the community only if, in a random sample of 50 newly -sold houses, the average price is more than .
-What is the probability that the developer builds the community when the prices in the area are only average?
Correct Answer:

Verified
Correct Answer:
Verified
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