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Need help with number 8 and a,b,c please..
8. Albuquerques household income is a right-skewed distribution with a mean of approximately $47 thousand and a standard deviation of $23 thousand. (a) Can we use this data to compute what percentage of households make over $70,000? Explain why or why not Lir yes レrri (b) Suppose we take a random sample of 100 households in Albuquerque. What is the mean and standard error of the sampling distribution? (c) What is the probability that our random sample of 100 households has a mean income of over $49 thousand?
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