The mean household income in the United States is about $63,000 with a standard deviation of $11,000. Mean household incomes are distributed normally. a. State the approximate distribution of X. X ~...


The mean household income in the United States is about $63,000 with a standard deviation of $11,000. Mean household incomes are distributed normally.


a. State the approximate distribution of X. X ~ ___(__________,___________)


b. Draw and label a normal curve with the above values.


c. What percent of household incomes are between $41,000 and $85,000?


d. Find the probability that a randomly selected household had an income over $100,000.



Jun 07, 2022
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