The average cost to rent a single family home in Stuart is 1 866 per...

90.2K

Verified Solution

Question

Statistics

image

The average cost to rent a single family home in Stuart is 1 866 per month Assume that the distribution of the monthly rent of all single family homes in Stuart is normally distributed with a standard deviation of 117 Use this information to determine the following probabilities Round solutions to four decimal places if necessary Find the probability that a random sample of 139 homes in Stuart has a mean rent less than 1 849 P 1849 Find the probability that a random sample of 139 homes in Stuart has a mean rent between 1 840 and 1 885 P 1840 1885

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students