If the monthly rents of all one-bedroom apartments in a small town are known to be normally distributed with a mean of $175 and a standard deviation of $35, which of the following would be the least likely individual rent that you might expect to find?
A) $135
B) $140
C) $210
D) $225

Question

Quizplus · Accepted Answer

Using the formula for z-score, we find that the z-score for $135 is -1, for $140 it is -0.857, for $210 it is 1.17, and for $225 it is 1.5. Therefore, the least likely rent would be the one with the highest absolute z-score, which is $225.

If the Monthly Rents of All One-Bedroom Apartments in a Small