If the monthly rent of all one-bedroom apartments in a small town are known to be normally distributed with a mean equal to $175 a month and standard deviation of $35, which of the following would be the highest individual rent that you might expect to find?
a. about $195
b. about $210
c. about $245
d. about $280
e. More information is needed to answer the question.
Recently Asked Questions
- 13. True or False: A boxplot is a useful way of examining the distribution of a dichotomous variable.
- 7. Suppose your boss gives you a dataset and asks you to run frequencies on the variables X1 and X4, and descriptive statistics on the variables X2, X3, X5,
- The discrepancy between cultural norms and people ’ s actual behavior is called :