According to the Statistical Abstract of the United States, 2012 (Table 721), the mean family net worth
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According to the Statistical Abstract of the United States, 2012 (Table 721), the mean family net worth of families whose head is between 35 and 44 years old is approximately $325,600. If family net worth is normally distributed with a standard deviation of $100,000, find the probability that a randomly selected family whose head is between 35 and 44 years old has a net worth greater than $500,000.
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Related Book For
Statistics For Management And Economics Abbreviated
ISBN: 9781285869643
10th Edition
Authors: Gerald Keller
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