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Felipe and his family are relocating to Los Angeles and have found a great area...

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Felipe and his family are relocating to Los Angeles and have found a great area in which to live The mean price among the homes in the area is 760 000 with a standard deviation of 19 750 They purchased a home for 775 000 a Find the z score of the price of Felipe s home relative to the prices among the homes in the area Round your answer to two decimal places Z 0 b Fill in the blanks to interpret the z score of the price of Felipe s home Make sure to express your answer in terms of a positive number of standard deviations Felipe s home price was standard deviations Choose one the mean price among the homes above below X C

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