For all parts of this question, assume that the log of GDP per capita is normally distributed with a mean of 8.7 and standard deviation of 1.5 Step 3 of 4: What percent af the countries should have income per capita between $299 and $44,356? (Your calculations may be slightly different due to rounding. Choose the answer elosest to your calculation.) E Keypad rמAnsw Keytroard Shoncuts n 99 percent "i 68 percent 89 percent

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 25CTQ: Cross country comparisons of GDP per capita typically use purchasing power parity equivalent...
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For all parts of this question, assume that the log of GDP per capita is normally distributed with a mean of 8.7 and standard deviaton of 1.5
Step 3 of 4: What percent of the countries should have income per capita between $299 and $44,356? (Your caleulations may be slightly different
due to rounding. Choose the answer elosest to your calculation.)
E Krypad
ומAnsw
Keytroard Shoncuts
n 99 percent
68 percent
O 89 percent
Transcribed Image Text:For all parts of this question, assume that the log of GDP per capita is normally distributed with a mean of 8.7 and standard deviaton of 1.5 Step 3 of 4: What percent of the countries should have income per capita between $299 and $44,356? (Your caleulations may be slightly different due to rounding. Choose the answer elosest to your calculation.) E Krypad ומAnsw Keytroard Shoncuts n 99 percent 68 percent O 89 percent
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