Probability of finding an apartment

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1) You want to rent a two-bedroom apartment for next year. The mean monthly rent in the city you live is $950. Assume a standard deviation of $40.

a. What is the probability of finding an apartment with a monthly rent less than $850?

b. What is the probability of finding an apartment with a rent higher than $980?

c. What is the probability of finding an apartment within $50 of the average monthly rent in the city?

Reference no: EM131634245

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