The average price of a home in your community is $200,000 with a standard deviation of $30,240 dollars. A random sample of 81 homes is drawn from the population of homes. What is the probability that...

The average price of a home in your community is $200,000 with a standard deviation of $30,240 dollars. A random sample of 81 homes is drawn from the population of homes. What is the probability that the mean price of the 81 homes is no more than $197,500 dollars?

Jun 07, 2022
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