Data for a Particular Subdivision near Downtown Houston Indicate That

question 23

Multiple Choice

Data for a particular subdivision near downtown Houston indicate that the average price per square foot for a home is $100 with a standard deviation of $5 (normally distributed) .What is the probability that the average price per square foot for a home is less than $85?

• A)0.001
• B)0.999
• C)0.618
• D)0.382

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Definitions:

Norms

Generally accepted ways of doing things.

Laws

The system of rules that a particular country or community recognizes as regulating the actions of its members and may enforce by the imposition of penalties.

Interests

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