Prices of certain model of new homes


Suppose that prices of certain model of new homes are normally distributed with the mean of $150,000. Find out the percentage of buyers who paid more than $154,800 if the standard deviation is $2,400

A. 97.5%

B. 95%

C. 2.5%

D. 47.5%

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Basic Statistics: Prices of certain model of new homes
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