Answer:
0.43715
Step-by-step explanation:
We solve using z score calculator
z = (x-μ)/σ, where
x is the raw score
μ is the population mean = $276,000
σ is the population standard deviation = 32,000
For x = $276,000
z = 276,000 - 276,000/32000
z = 0
Probability value from Z-Table:
P(x = 276000) = 0.5
For x = $325,000
z = 325,000 - 276,000/32000
z = 1.53125
Probability value from Z-Table:
P(x = 325000) = 0.93715
The probability that the next house in the community will sell for between $276,000 and $325,000 is
P(x = 325000) - P(x = 276000)
= 0.93715 - 0.5
= 0.43715
