A real estate agent has surveyed houses in twenty nearby zip codes in an attempt to put together a comparison for a new property that she would like to put on the market. The 1057 houses she surveyed have a mean price of $176,000, with a standard deviation of $74,137. The mean living area is 2135 sq ft, with a standard deviation of 592 sq ft. Which is more unusual, a house in that market that sells for $400,000 or a house that has 4000 sq ft of living area? Choose the correct answer below. The house that sells for $400,000 has a z-score of a. _______ and the house with 4000 sq ft has a z-score of b. _____. Plzz explain. Ty
A real estate agent has surveyed houses in twenty nearby zip codes in an attempt to put together a comparison for a new property that she would like to put on the market. The 1057 houses she surveyed have a mean price of $176,000, with a standard deviation of $74,137. The mean living area is 2135 sq ft, with a standard deviation of 592 sq ft. Which is more unusual, a house in that market that sells for $400,000 or a house that has 4000 sq ft of living area? Choose the correct answer below. The house that sells for $400,000 has a z-score of a. _______ and the house with 4000 sq ft has a z-score of b. _____. Plzz explain. Ty
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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A real estate agent has surveyed houses in twenty nearby zip codes in an attempt to put together a comparison for a new property that she would like to put on the market. The 1057 houses she surveyed have a mean price of $176,000, with a standard deviation of $74,137. The mean living area is 2135 sq ft, with a standard deviation of 592 sq ft. Which is more unusual, a house in that market that sells for $400,000 or a house that has 4000 sq ft of living area?
Choose the correct answer below.
The house that sells for $400,000 has a z-score of a. _______ and the house with 4000 sq ft has a z-score of b. _____.
Plzz explain. Ty
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