The average home price in Massachusetts is $410,000, with a standard deviation of $65,000. A city planner is studying the distribution across the state of home prices in the bottom 10%. What price will indicate that a home is in the bottom 10% if the city planner examines 200 homes around the state

And replacing the value obtained we got:

And if we solve for a we got

Step-by-step explanation:

Let X the random variable that represent the average home prices of a population, and for this case we know the distribution for X is given by:

Where and

For this part we want to find a value a, such that we satisfy this condition:

  (a)

  (b)

We want to find a value who accumulate 0.10 of the area on the left and 0.90 of the area on the right of the normal standard distributon and for this case it's z=-1.282

And using the distribution for the sample mean we can do this:

And replacing the value obtained we got:

And if we solve for a we got

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step-by-step explanation:

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22, 28, 34, 40, 46

b)   f(n) = 6n + 16

n = what is the number of the row ( 22 would be row 1) so if we replaced n with 1, we would get 22

c)   the 14th row will have 100 seats

(1)   (2)   (3)   (4)   (5)   (6)   (7)   (8)   (9)   (10) (11) (12) (13) (14)

22 | 28 | 34 | 40 | 46 | 52 | 58 | 64 | 70 | 76 | 82 | 88 | 94 | 100