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High rent district:the mean monthly rent for a one-bedroom apartment without a doorman in Manhattan is...

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Basic Math

High rent district:the mean monthly rent for a one-bedroomapartment without a doorman in Manhattan is 2544.Assume thestandard deviation is 483.A real estate firm samples 83apartments.Use cumulative distribution table if needed.

What is the probability that the sample mean rent is greaterthan 2614? Round atleast 4 places

What is the probability that sample mean rent is between 2413and 2513? Round atleast 4 places

Find the 65th percentile of the sample mean rent? Round 4places

Would it be unusual if the sample mean were greater than 2610?Round 4 places

Answer & Explanation Solved by verified expert
4.0 Ratings (572 Votes)
Since sample size is large enough we can approximate thesampling    See Answer
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