Asked by kayla
In the past, the value of houses a local realtor has sold is normally distributed with a mean of $253,000 with a standard deviation of $65,000. How much does a house have to sell for so that the house is in the bottome 20% of lowest selling houses for the realtor? (please express your answer in $'s
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Answered by
Damon
http://davidmlane.com/hyperstat/z_table.html
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