Safe-As-Houses, a real estate company, is exploring property prices on the Gold Coast The table below...

  

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Safe-As-Houses, a real estate company, is exploring property prices on the Gold Coast The table below gives the price of a random sample of four bedroom houses for sale on the Gold Coast $429,000 $448,000 $516,000 $449,000 $539,000 $585,000 $539,000 $485,000 $585,000 $540,000 $499,000 $629,000 $499,000 $585,000 $639,000 $599,000 $550,000 $749,000 $689,000 $559,000 $750,000 $689,000 $599,000 $899,000 $620,000 $769,000 $700,000 $899,000 Data obtained from www.realestate.com.au January 2020. $775,000 $729,000 $925,000 $835,000 | With corresponding histogram $975,000 $835,000 $989,000 $1,200,000 12 Four Bedroom Houses for Sale Gold Coast 10 4 $350,000 $450,000 $550,000 $650,000 $750,000 $850,000 $950,000 $1.050,000 $1,150,000 Price $1,250,000 $1.350,000 Aouənbag Using the sample calculate and interpret a 95% confidence interval for the mean price of four bedroom houses for sale on the Gold Coast. Clearly state any assumption/s required or why no assumptions are required. Safe-As-Houses, a real estate company, is exploring property prices on the Gold Coast The table below gives the price of a random sample of four bedroom houses for sale on the Gold Coast $429,000 $448,000 $516,000 $449,000 $539,000 $585,000 $539,000 $485,000 $585,000 $540,000 $499,000 $629,000 $499,000 $585,000 $639,000 $599,000 $550,000 $749,000 $689,000 $559,000 $750,000 $689,000 $599,000 $899,000 $620,000 $769,000 $700,000 $899,000 Data obtained from www.realestate.com.au January 2020. $775,000 $729,000 $925,000 $835,000 | With corresponding histogram $975,000 $835,000 $989,000 $1,200,000 12 Four Bedroom Houses for Sale Gold Coast 10 4 $350,000 $450,000 $550,000 $650,000 $750,000 $850,000 $950,000 $1.050,000 $1,150,000 Price $1,250,000 $1.350,000 Aouənbag Using the sample calculate and interpret a 95% confidence interval for the mean price of four bedroom houses for sale on the Gold Coast. Clearly state any assumption/s required or why no assumptions are required.

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