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QUESTION
Home prices in a new development are normally distributed with a mean of $276,000 and a standard deviation of $32,000. A. What is the probability
Home prices in a new development are normally distributed with a mean of $276,000 and a standard deviation of $32,000.
A. What is the probability that a home sells for more than $206,000?
B. What is the probability that a home sells for less than $220,000?
C. How much would a home have to sell for to be in the top 10% of all prices?
