The mean rent of students at Oxnard university is $820 with a standard deviation of $217. Johns rent is $1,325. What is his standardized z-score? How high would the rent have to be to qualify as an outlier?

Respuesta :

Answer:

[tex] z = \frac{1325-820}{217}= 2.327[/tex]

We need to take in count that 95% of the values in a normal distribution are between two deviations from the mean so then the usual values are between z=-2 and z =2.

And for this case we can conclude that if z >2 then we can conclude that this value would represent a potential outlier.

Step-by-step explanation:

We can define the variableof interest as X who represent the rent of students at Oxford, and for this case  we knwo the following info for this variable

[tex]\mu=820[/tex] and [tex]\sigma=215[/tex]

We want to find the standardized score for the rent of Johns of 1325

The z score formula is given by:

[tex]z=\frac{x-\mu}{\sigma}[/tex]

Replacing we got:

[tex] z = \frac{1325-820}{217}= 2.327[/tex]

For the other question about  How high would the rent have to be to qualify as an outlier?.

We need to take in count that 95% of the values in a normal distribution are between two deviations from the mean so then the usual values are between z=-2 and z =2.

And for this case we can conclude that if z >2 then we can conclude that this value would represent a potential outlier.

His standardized z-score is 2.327.

The rent has to be more than 1254 to be to qualify as an outlier.

Given that: The mean rent of students at Oxnard university is $820 with a standard deviation of $217. Johns rent is $1,325.

So the z score of 1325 is = [tex]\frac{\left(1325-820\right)}{217}=2.327[/tex].

95% of the values lie between z score of -2 to 2.

So outside that interval it will be an outlier.

To find the high amount we take z>2.

[tex]z>2\\\frac{\left(x-820\right)}{217}>2\\x-820>434\\x>1254[/tex]

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