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April 20, 2014

Homework Help: Statistics

Posted by Anonymous on Thursday, June 20, 2013 at 5:36pm.

The mean monthly rent for a one-bedroom apartment without a doorman in Manhattan is $2,636. Assume the standard deviation is $500. A real estate firm samples 100 apartments. What is the probability that the average rent of the sample is more than $2,680?

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