Final answer:
The question asks for a percentage of home sales within a certain price range, but the provided information does not include specific data about home sales in that range. Therefore, it is not possible to determine the precise percentage without additional data or a description of the distribution of home prices. Knowledge of statistics would be necessary to calculate such a percentage if the required data were given.
Step-by-step explanation:
The student's question appears to ask about the distribution of home prices, most probably referring to a normal distribution or a dataset describing home sales. However, the provided information does not include specific data about the number or percentage of homes sold within the price range of $150,000 to $151,600. Without this data or a description of the distribution, it is impossible to accurately determine the percentage of buyers who paid between those amounts for new homes.
It is worth noting that the provided information discusses median sales prices over a range of years, the appreciation rate of home prices, and gives an example of how housing prices are spread over a certain range. However, these details are not sufficient to calculate specific percentages of home sales in a given price range.
An understanding of statistics, specifically the concepts of mean, median, quartiles, and possibly the empirical rule or z-scores, would typically be required to calculate such percentages if the necessary data were provided.