Minimum and Maximum Prices

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zngpuyrl12

Mathematics

Description

If the average price of a new one-family home is $246,300 with a standard deviation of $15,000, find the minimum and maximum prices of the houses that a contractor will build to satisfy the middle 64% of the market. Assume the variable  is normally distributed. Round z-value calculations to 2 decimal places and final answers to the nearest dollar.

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