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A Recent Survey Was Conducted to Compare the Cost of Solar

Question 129

Essay

A recent survey was conducted to compare the cost of solar energy to the cost of gas or
electric energy. Results of the survey revealed that the distribution of the amount of the
monthly utility bill of a 3-bedroom house using gas or electric energy had a mean of
$118.00 and a standard deviation of $15.00. Assuming the distribution is mound-shaped
and symmetric, would you expect to see a 3-bedroom house using gas or electric energy
with a monthly utility bill of $230.50? Explain.

Correct Answer:

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The z-score for the value $230...

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