asked 223k views
4 votes
If the average price of a new one-family home is $246,300 with a standard deviation $15,000, find the minimum price of the houses that a contractor will build to satisfy the middle 80% of the market. Assume that the variable is normally distributed.

asked
User Markus T
by
7.8k points

1 Answer

5 votes

Answer:

67,000

Explanation:

answered
User Kurt Du Bois
by
8.8k points
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