The Selling Price of Various Homes in a Community Follows

question 69

Short Answer

The selling price of various homes in a community follows the normal distribution with a mean of $176,000 and a standard deviation of $22,300.What is the probability that the next house will sell for less than $158,000?

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Definitions:

Bias

A tendency to lean in a certain direction, either in favor of or against a particular thing, person, or group, often in a way considered to be unfair.

Assailant

A person who physically attacks another, often causing harm or injury.

Transsexual

An individual who identifies with a gender different from their assigned sex at birth and who may undergo medical procedures to align their physical appearance with their gender identity.

Socially Constructed

A concept or perception that is created and developed by society, indicating that meanings, notions, or understandings are not inherent but shaped through social interactions and cultural norms.