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The number of homes sold each year by a realtor is normally distributed with a mean of 54. If the realtor sold 36 homes last year with a z-score of -2.4, what is the standard deviation? I

User LandonSchropp
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1 Answer

11 votes
11 votes

Answer:

7.5

Step-by-step explanation:

Given the following:


\begin{gathered} Z-\text{Score}=-2.4 \\ \text{Mean,}\mu=54 \\ X-\text{Value}=36 \end{gathered}

Substitute these into the formula for Z-Score:


Z-\text{Score}=(X-\mu)/(\sigma)\text{ where }\sigma=\text{standard deviation}

This gives:


\begin{gathered} -2.4=(36-54)/(\sigma) \\ -2.4=(-18)/(\sigma) \\ -2.4\sigma=-18 \\ \sigma=(-18)/(-2.4) \\ \sigma=7.5 \end{gathered}

The standard deviation is 7.5

User Stringfellow
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