Calculate the z-score for this observation

Reference no: EM133411639

Question: You have a dataset containing the sales price of the last fifty townhomes sold in Vancouver. The average price was 1,800,000 and the standard deviation is $200,000. The most expensive townhome sold in this period sold for $3,000,000. Calculate the z-score for this observation. Round to the second decimal point.

Reference no: EM133411639

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