The rent for a one-bedroom apartment in Southern California follows the normal distribution with a mean of $2,200 per month and a standard deviation of $250 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 50 one bedroom apartments and finding the mean to be at least $1,950 per month?
+4
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The rent for a one-bedroom apartment in Southern California follows the normal distribution with a mean of $2,200 per month and a standard ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Home » Business » The rent for a one-bedroom apartment in Southern California follows the normal distribution with a mean of $2,200 per month and a standard deviation of $250 per month. The distribution of the monthly costs does not follow the normal distribution.