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Find the probability that the mean value

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A study of 800 homeowners in a certain area showed that the average value of the homes is $182,000 and the standard deviation is $15,000. If 50 homes are for sale, find the probability that the mean value of these homes is less than $185,000. Remember check to see if the finite correction factor applies (yes or no) explain.

Reference no: EM132474206

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