document.write( "Question 437210: Household income does not tend to follow a normal distribution in a particular state, yet average income is approximately $45,000/year in this state, with a standard deviation of about $9000. Within what income range would approximately 75% of the household incomes lie within this state?\r
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document.write( "having trouble forming the right way to put the information in an equation. \n" );
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Algebra.Com's Answer #302422 by stanbon(75887) ![]() You can put this solution on YOUR website! Household income does not tend to follow a normal distribution in a particular state, yet average income is approximately $45,000/year in this state, with a standard deviation of about $9000. Within what income range would approximately 75% of the household incomes lie within this state? \n" ); document.write( "having trouble forming the right way to put the information in an equation. \n" ); document.write( "--------------------- \n" ); document.write( "Draw the picture centering 75% on a mean of 45000 \n" ); document.write( "---- \n" ); document.write( "The lower limit will have a left-tail of 0.5000-(1/2)0.75 = 0.1250 \n" ); document.write( "Find the z-value with a left-tail of 0.1250 \n" ); document.write( "invNorm(0.1250) = -1.1503 \n" ); document.write( "--- \n" ); document.write( "Find the corresponding x-value: \n" ); document.write( "x = zs+u \n" ); document.write( "x = -1.1503*9000+45000 = $34646.86 \n" ); document.write( "============================================= \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |