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3 years ago

In one month, the median home price in the West fell from $203,400 to $192,300. Find the percent decrease.

Mathematics

1 answer:

nasty-shy [4]3 years ago

4 0

Answer:

94.5%

Step-by-step explanation:

Percent decrease can be represented as

[original price] * percentage = [new price]

When trying to find the percentage, you can manipulate the equation by dividing both sides by the original price to get:

percentage = [new price] / [original price]

In this case, this is represented by 192300/203400, or 94.5%

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$P(X \geq 2) = 1 - P(X < 2) = 1 - 0.06197 = 0.93803$

$P(X \geq 2) = 0.93803$

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