Question: How much extra is having a waterfront property worth? A student took a random sample of 170 recently sold properties in Upstate New York to

How much extra is having a waterfront property worth? A student took a random sample of 170 recently sold properties in Upstate New York to examine the question. Here are her summaries and box plots of the two groups of prices:

Construct and interpret a 95% confidence interval for the mean additional amount that waterfront property is worth. (From technology, df = 105.48.)

Non-Waterfront Properties Waterfront Properties 100 70 $219,896.60 $319,906.40 5 $153,303.80 $94,627.15 800 600 400 200 Non-Waterfront Waterfront

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