The rent for a one-bedroom apartment in Wooster is a normally distributed random variable with a mean of $500 and a standard deviation of $50. a. What is the probability that the rent for a one-bedroom apartment will be between $460 and $540? b. Determine the maximum rent of the lowest 20% of all apartments. c. If the rents for 1000 one-bedroom apartments are at least $510, how many one-bedroom apartments are in Wooster?

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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The rent for a one-bedroom apartment in Wooster is a normally distributed random variable with
a mean of $500 and a standard deviation of $50.
a. What is the probability that the rent for a one-bedroom apartment will be between $460
and $540?
b. Determine the maximum rent of the lowest 20% of all apartments.
c. If the rents for 1000 one-bedroom apartments are at least $510, how many one-bedroom
apartments are in Wooster?
Transcribed Image Text:The rent for a one-bedroom apartment in Wooster is a normally distributed random variable with a mean of $500 and a standard deviation of $50. a. What is the probability that the rent for a one-bedroom apartment will be between $460 and $540? b. Determine the maximum rent of the lowest 20% of all apartments. c. If the rents for 1000 one-bedroom apartments are at least $510, how many one-bedroom apartments are in Wooster?
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