Tag: 000 and a standard deviation of 1

The monthly rent paid by a group of 15,000 tenants in a city is found to be normally distributed with a mean of 12,000 and a standard deviation of 1,500. Answer the following questions: a) What is the probability that a tenant selected at random pays more than 10,500 in rent? b) What is the probability that a tenant selected at random pays more than 14,700 in rent ? (5 Marks)

The monthly rent paid by a group of 15,000 tenants...

Dr Pooja Sexena Nov 5, 2024 0 0

The monthly rent paid by a group of 15,000 tenants in a city is found to be normally distributed with a mean of 12,000 and a stand...