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Find the maximum and minimum prices of the boats the dealer

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A marine sales dealer finds that the average price of a previously owned boat is $6492. He decides to sell boats that will appeal to the middle 66% of the market in terms of price. Find the maximum and minimum prices of the boats the dealer will sell. The standard deviation is $1025 and the variable is normally distributed. Would a boat priced at $5550 be sold in this store?

Reference no: EM13576446

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