Questions: What is the approximate percentage of buyers who paid between 840 and 1200 ? 49.85 % What is the approximate percentage of buyers who paid less than 960 ? 2.5 % What is the approximate percentage of buyers who paid more than 1560 ? 0.15 % What is the approximate percentage of buyers who paid between 1080 and 1320 ? % What is the approximate percentage of buyers who paid between 960 and 1200 ? % What is the approximate percentage of buyers who paid between 1200 and 1320 ? %

What is the approximate percentage of buyers who paid between 840 and 1200 ? 49.85 % What is the approximate percentage of buyers who paid less than 960 ? 2.5 % What is the approximate percentage of buyers who paid more than 1560 ? 0.15 % What is the approximate percentage of buyers who paid between 1080 and 1320 ? % What is the approximate percentage of buyers who paid between 960 and 1200 ? % What is the approximate percentage of buyers who paid between 1200 and 1320 ? %
Transcript text: What is the approximate percentage of buyers who paid between $\$ 840$ and $\$ 1200$ ? \[ 49.85 \quad \checkmark \% \] What is the approximate percentage of buyers who paid less than $\$ 960$ ? \[ 2.5 \quad \checkmark \% \] What is the approximate percentage of buyers who paid more than $\$ 1560$ ? 0.15 $\square$ $\%$ What is the approximate percentage of buyers who paid between $\$ 1080$ and $\$ 1320$ ? $\square$ $\%$ What is the approximate percentage of buyers who paid between $\$ 960$ and $\$ 1200$ ? $\square$ $\%$ What is the approximate percentage of buyers who paid between $\$ 1200$ and $\$ 1320$ ? $\square$ $\%$
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Solution

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Solution Steps

Step 1: Identify the given data

The problem provides a distribution of prices and asks for the approximate percentage of buyers within certain price ranges. The first three questions are:

  1. Percentage of buyers who paid between $840 and $1200.
  2. Percentage of buyers who paid less than $960.
  3. Percentage of buyers who paid more than $1560.
Step 2: Analyze the distribution curve

The distribution curve appears to be a normal distribution (bell curve). The percentages can be estimated based on the area under the curve within the specified ranges.

Step 3: Calculate the percentage for the first question

For the range $840 to $1200:

  • The given answer is 49.85%.
Step 4: Calculate the percentage for the second question

For the range less than $960:

  • The given answer is 2.5%.
Step 5: Calculate the percentage for the third question

For the range more than $1560:

  • The given answer is 0.15%.

Final Answer

  1. The approximate percentage of buyers who paid between $840 and $1200 is 49.85%.
  2. The approximate percentage of buyers who paid less than $960 is 2.5%.
  3. The approximate percentage of buyers who paid more than $1560 is 0.15%.
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