Refer to the Real Estate DataHalifax Area online, which reports information on home listings. Consider this a

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Refer to the Real Estate Data—Halifax Area online, which reports information on home listings. Consider this a population, and take a sample of 40 listings.
a. Develop a 95% confidence interval for the mean list price of the homes. Does the true population mean fall in the confidence interval?
b. Develop a 95% confidence interval for the mean number of square feet per home. Does the true population mean fall in the confidence interval?
c. Develop a 95% confidence interval for the proportion of homes that have three or more bedrooms. Does the true population proportion fall in the confidence interval?

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Basic Statistics For Business & Economics

ISBN: 9781259268939

6th Canadian Edition

Authors: Douglas A. Lind, William G Marchal, Samuel A. Wathen, Carol Ann Waite

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