Question: Let say a mean price for a customized structure design of a new house is $3100 while the standard deviation is $1200 a) calculating the
Let say a mean price for a customized structure design of a new house is $3100 while the standard deviation is $1200
a) calculating the zcore for a customized structure that the house owner has to pay $2300?
b) calculating the zcore for a customized structure that the house owner has to pay $4900?
c) interpret zcore in part a) and b). Comment on whether either should be considered an outlier
d) if it costs the house owner $13,000 is this an outlier? Comment
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