Mathematics, 07.04.2020 16:53 ians31430
The company is also trying to sell an artist’s condo. Potential buyers will find the unusual features of this condo either pleasing or objectionable. The manager expects the average sale price of this condo to be the same as others at $265,000, but with a higher standard deviation of $16,000. What is the probability that this condo will sell at a price (i) Below $243,000?, (ii) Above $297,000?
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The company is also trying to sell an artist’s condo. Potential buyers will find the unusual feature...
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