High Rent District The Mean Monthly Rent For A One Bedroom Apartment Without A Doorman In Manhattan Is 2699 Assume Th 1 (52.5 KiB) Viewed 9 times
High Rent District The Mean Monthly Rent For A One Bedroom Apartment Without A Doorman In Manhattan Is 2699 Assume Th 2 (40.63 KiB) Viewed 9 times
High-rent district: The mean monthly rent for a one-bedroom apartment without a doorman in Manhattan is $2699. Assume the standard deviation is $513. A real estate firm samples 103 apartments. Use the TI-84 Plus calculator. Part 1 of 5 (a) What is the probability that the sample mean rent is greater than $2769? Round the answer to at least four decimal places. The probability that the sample mean rent is greater than $2769 is Part 2 of 5 A (b) What is the probability that the sample mean rent is between $2568 and $26687 Round the answer to at least four decimal places. The probability that the sample mean rent is between $2568 and $2668 is Part 3 of 5 (c) Find the 55th percentile of the sample mean. Round the answer to at least two decimal places. The 55th percentile of the sample mean rent is $ Part 4 of 5
Part 4 of 5 (d) Would it be unusual if the sample mean were greater than $2795? Round answer to at least four decimal places. because the probability that the sample mean is greater than $2795 is 4 (Choose one) Part 5 of 5 (e) Do you think it would be unusual for an individual to have a rent greater than $2795? Explain. Assume the variable is normally distributed. Round the answer to at least four decimal places. (Choose one) because the probability that an apartment has a rent greater than $2795 is
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