The mean price of new homes from a sample of houses is $155,000 with a standard deviation of $15,000. The distribution is bell-shaped. What percentage of the house prices fall between $140,000 and $185,000. Explain your reasoning. Calculate a z-score for a price of $150,000.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
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The mean price of new homes from a sample of houses is $155,000 with a standard deviation of
$15,000. The distribution is bell-shaped. What percentage of the house prices fall between
$140,000 and $185,000. Explain your reasoning. Calculate a z-score for a price of $150,000.
Transcribed Image Text:The mean price of new homes from a sample of houses is $155,000 with a standard deviation of $15,000. The distribution is bell-shaped. What percentage of the house prices fall between $140,000 and $185,000. Explain your reasoning. Calculate a z-score for a price of $150,000.
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