Question: 32. A contractor decides to build homes that will include the middle 80% of the market. If the average size homes built is 1810 square

 32. A contractor decides to build homes that will include the

32. A contractor decides to build homes that will include the middle 80% of the market. If the average size homes built is 1810 square feet, find the maximum and minimum size of the homes the contractor should build. Assume the variance is 8464 square feet and the variable is normally distributed. Part A: Find applicable Z scores: 4pts A)+-1.65 B) +-1.96 C) +-2.05 D) +-.84 E) +-1.28 33 Part B: Calculate Minimum size: 4 puts A) -9,024 B)-5,000 C) 5,000 D) 50,000 E) 1,693 34 Part C: Calculate Maximum price: 3 pts A) 12,643 B) 10,000 C) 15,000 D) 100,000 E) 1,927

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