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is going to have to explain to Congress why . Inbox (516) edu - Un -13 points UH

ID: 3311815 • Letter: I

Question

is going to have to explain to Congress why . Inbox (516) edu - Un -13 points UHStat5 8.CQ.017 Concept Question More and more, vacationers and professionals on business trips are booking short-term accommodations through an online service allowing homeowners to rent rooms in their homes. Part 1 of 3 In a certain county, the average annual income for a home provider involved with an online rental service allowing homeowners to rent rooms in their homes was approximately $6,900, with an approximate standard deviation of $1,500. One home provider did so well that only 2.5% of home providers in his county earned more than him. Assuming that annual incomes for home providers can be modeled by a normal distribution, how much did this particular home provider earn? Show your work. (Use a table or technology.) This answer has not been graded yet

Explanation / Answer

here from normal distirbution at top 2.5% ; on 97.5 percentile corresponding z score =1.96

tehrefore earning of this particular home provider =mean +z*std deviation =6900+1.96*1500=9840