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Mathematics, 02.07.2020 14:01 DaFuzzyDude

A financial advisor is analyzing a family's estate plan. The amount of money that the family has invested in different real estate properties is normally distributed with a mean of $225,000 and a standard deviation of $50,000. Use a calculator to find how much money separates the lowest 80% of the amount invested from the highest 20% in a sampling distribution of 10 of the family's real estate holdings.

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A financial advisor is analyzing a family's estate plan. The amount of money that the family has inv...
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