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Answer to Question #88606 in Statistics and Probability for Diane
Question #88606
A person is considered wealthy if they are in the top 10% of earners in the city. How much does a single person need to at least make to be wealthy in this city?
mean= 41 ,standard deviation= 29
mean= 41 ,standard deviation= 29
Expert's answer
P(Z<z)=0.9 -> z=1.28 -> x=1.28*29+41=78.12
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