Value of houses a local realtor

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In the past, the value of houses a local realtor has sold is normally distributed with a mean of $252,000 with a standard deviation of $85,000. What is the probability that over the next 38 houses the realtor sells, the mean value is less than $240,000? (Please round your answer to 4 decimal places)

Reference no: EM131361166

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Value of houses a local realtor : In the past, the value of houses a local realtor has sold is normally distributed with a mean of $252,000 with a standard deviation of $85,000. What is the probability that over the next 38 houses the realtor sells, the mean value is less than $24..
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