Question: For a sample of 36 houses what would you expect
For a sample of 36 houses, what would you expect the distribution of the sale prices to be? A real-estate agent has been assigned 10 houses at random to sell this month. She wants to know whether the mean price of those houses is typical. What, if anything, does she need to assume about the distribution of prices to be able to use the Central Limit Theorem? Are those assumptions reasonable?
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