The average selling price of homes in a certain city is $356,300. Assume the variable is normally distributed with a standard deviation of $64,600. If 396 homes are for sale, how many homes will sell for more than $480,000? (Round up to the next whole number.)

Question

anonymous · Answer

z = ( 480,000 - 356,000 ) / 64,000
Look up P value from z table
then multiply it with 396 house!

anonymous · Answer

Can you finish it?

anonymous · Answer

I found 1.9375. but I don't know how to find P value.

anonymous · Answer

Is it value from looking up z table?

anonymous · Answer

If so, it's is the percentage!
Then just multiply it with 396!