Ask a New Question

Question

You survey 1000 new home buyers and find that the mean price was $185,000 and the standard deviation was $20,000. How many paid more than $210,000?
7 years ago

Answers

Scott
210000 - 185000 = 25000

25000 / 20000 = 1.25 s.d. above the mean
... this is the z-score

use a table to find the fraction above this z-score
7 years ago

Related Questions

A survey of 1000 registered voters revealed that 450 people would vote for candidate A in an upcomin... A survey of 1000 television viewers conducted by a local television station produced the following d... A survey of 1000 veiwers conducted by a television station produced the following data: 40% watche... In a survey of 1000 eligible voters selected at random, it was found that 200 had a college degree.... A survey of 1000 television viewers conducted by a local television station produced the following d... In a survey of 1000 registered U.S. voters, 55% respond that they support health care reform. What i... in a survey, 1000 people were asked what sports they liked best. of that number, 423 said baseball a... In a survey of 1000 social media account holders, the following question was asked: how many social... A National survey of 1000 adult citizens of a nation found that 18% dreaded Valentine’s Day the marg... In a survey of 1000 to hear a 9 for office workers,4.8 % said they do not make personal phone calls....
Ask a New Question
Archives Contact Us Privacy Policy Terms of Use