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Lostsunrise [7]
2 years ago
12

Suppose that prices of recently sold homes in one neighborhood have a mean of $220,000 with a standard deviation of $7450. Using

Chebyshev's Theorem, what is the minimum percentage of recently sold homes with prices between $197,650 and $242,350? Round your answer to one decimal place.
Mathematics
1 answer:
GenaCL600 [577]2 years ago
5 0

The minimum percentage of recently sold homes with prices between $197,650 and $242,350 is 88.9%.

<h3>What is Mean ?</h3>

Mean is the ratio of the sum of all the data points to the number of data points.

It is given that

mean of $220,000 with a standard deviation of $7450.

The range is given , let the range is represented by x - --y

It is given that x = 197650 and y = 242350

Let the number of homes sold is k

To determine the value of k

upper level = (y-mean)/standard deviation = (242350-220000)/7450 = 3

lower level = (mean-x)/standard deviation = (220000-197650)/7450 = 3

probability = 1-(1/k²)

k= 3

= 1 - (1/3^2)

= 1 - 1/9

= 0.889 or 88.9%

So, the minimum percentage of recently sold homes with prices between $197,650 and $242,350 is 88.9%.

To know more about Mean

brainly.com/question/521501

#SPJ1

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ramone has 5 difficult questions left to answer on a multiple choice test. Each question has 3 choices. For the first 2 of these
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1.    b c
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P(answering 1,2 and also 3,4,5 )=1/2*1/2*1/3*1/3*1/3=1/108

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3 years ago
Find the mean, variance &amp;a standard deviation of the binomial distribution with the given values of n and p.
MrMuchimi
A random variable following a binomial distribution over n trials with success probability p has PMF

f_X(x)=\dbinom nxp^x(1-p)^{n-x}

Because it's a proper probability distribution, you know that the sum of all the probabilities over the distribution's support must be 1, i.e.

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The mean is given by the expected value of the distribution,

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Answer:

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Step-by-step explanation:

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To find : Write 9,540,000 in expanded form using exponents to show powers of 10.

Solution : We have given 9,540,000

Here 9 is at million place 9000000

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4 is at tens thousand place = 40,000

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Therefore,

9* 10^{6}+ 5* 10^{5}+4* 10^{4}.

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