Find the probability that the disposable income of a resident is more than $45,000. Is this an
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Find the probability that the disposable income of a resident is more than $45,000. Is this an unusual event? Explain.
The per capita disposable income for residents of a U.S. city in a recent year is normally distributed, with a mean of about $44,000 and a standard deviation of about $2450.
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No the event is not unu...View the full answer
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Related Book For
Elementary Statistics Picturing The World
ISBN: 9780134683416
7th Edition
Authors: Ron Larson, Betsy Farber
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