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Assume the average selling price for houses in a certain county is $363,000 with a standard deviation of $27,000. a) Det
Posted: Tue Jul 05, 2022 9:56 am
by answerhappygod
- Assume The Average Selling Price For Houses In A Certain County Is 363 000 With A Standard Deviation Of 27 000 A Det 1 (21.08 KiB) Viewed 12 times
Assume the average selling price for houses in a certain county is $363,000 with a standard deviation of $27,000. a) Determine the coefficient of variation. b) Caculate the z-score for a house that sells for $346,000. Part 1 of 4 c) Using the Empirical Rule, determine the range of prices that includes 68% of the homes around the mean. d) Using Chebychev's Theorem, determine the range of prices that includes at least 81% of the homes around the mean. a) Determine the coefficient of variation. CV=% (Round to one decimal place as needed.)