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The distribution of the prices of new phone is positively skewed with a long tail to...

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Statistics

The distribution of the prices of new phone is positively skewedwith a long tail to the right, in a random sample of people whohave purchased a new phone, a mean and standard deviation price ofa new phone is reported to be $400 and $50 respectively.

What is the standard deviation of price of a new phone costing$500 in this distribution? Please indicate the standard deviationwith the sign (negative and positive) and in the unit as “s”

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The distribution of the prices of a new phone is positively skewed with a long tail to the right in a random sample of people who have purchased a new phone a mean and standard deviation price of a new phone is    See Answer
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