According to Money, the average price of a home in Albuquerque is $165,000. Suppose that the reported
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According to Money, the average price of a home in Albuquerque is $165,000. Suppose that the reported figure is a sample estimate based on 80 randomly chosen homes in this city, and that the population standard deviation was known to be $55,000. Give an 80% confidence interval for the population mean home price.
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Related Book For
Complete Business Statistics
ISBN: 9780077239695
7th Edition
Authors: Amir Aczel, Jayavel Sounderpandian
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