Again, use the information given in question 18. This time assume that 100 homes are randomly sampled

Question:

Again, use the information given in question 18. This time assume that 100 homes are randomly sampled instead of

Question 18

A real estate agent in Connecticut is interested in the mean home price in the state. A random sample of 50 homes shows a mean home price of $175,622 and a sample standard deviation of $37,221. Construct a 95 % confidence interval for the mean home price.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

Question Posted: