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Management Studies

Question: The average rent in a city is $1,500 per month with a standard deviation of $250. Assume rent follows the normal distribution. Use the empirical rule to answer the following questions.

a. What percentage of rents are between $1,250 and $1,750?

b. What percentage of rents are less than $1,250?

c. What percentage of rents are greater than $2,000?

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Management Theories, Management Studies

Category:- Management Theories
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