2. Assume that the prices paid for housing within a neighborhood have a normal distribution, with mean $100,000, and standard deviation of $35,000. (a) What percentage of houses in the neighborhood have prices between $90,000 and $130,000? (b) What price of housing is such that ônly 12% of all houses in the neighborhood have lower prices?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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could you help me understand number 2

2. Assume that the prices paid for housing within a neighborhood have a normal
distribution, with mean $100,000, and standard deviation of $35,000.
(a) What percentage of houses in the neighborhood have prices between $90,000
and $130,000?
(b) What price of housing is such that ônly 12% of all houses in the neighborhood
have lower prices?
Transcribed Image Text:2. Assume that the prices paid for housing within a neighborhood have a normal distribution, with mean $100,000, and standard deviation of $35,000. (a) What percentage of houses in the neighborhood have prices between $90,000 and $130,000? (b) What price of housing is such that ônly 12% of all houses in the neighborhood have lower prices?
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