Question

Recently, six single-family homes in San Luis Obispo County in California sold at the following prices (in $1,000s): $549, $449, $705, $529, $639, $609.
a. Construct the 95% confidence interval for the mean sale price in San Luis Obispo County.
b. What assumption have you made when constructing this confidence interval?



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  • CreatedJanuary 28, 2015
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