Probability of selecting a sample


The rent for a one-bedroom apartment in Southern California follows the normal distribution with a mean of $2,075 per month and a standard deviation of $300 per month. The distribution of the monthly costs does not follow the normal distribution. In fact, it is positively skewed. What is the probability of selecting a sample of 55 one-bedroom apartments and finding the mean to be at least $1,985 per month?

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Basic Statistics: Probability of selecting a sample
Reference No:- TGS0735544

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