Question 3. Statisticians determined that the mortgages of homeowners in a city is normally distributed with a mean of $
Posted: Mon Nov 15, 2021 10:04 am
Question 3. Statisticians determined that the mortgages of homeowners in a city is normally distributed with a mean of $250,000 and a standard deviation of $50,000. A random sample of 100 homeowners was drawn. What is the probability that the mean is greater than $262,000?