An important factor in selling a residential property is the number of people who look through the
Question:
An important factor in selling a residential property is the number of people who look through the home. A sample of 15 homes recently sold in the Halifax, Nova Scotia, area revealed the mean number looking through each home was 24 and the standard deviation of the sample was 5 people. Develop a 98% confidence interval for the population me Between 20.61 and 27.39, found by 24 ± 2.624(5/√15).
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Between ...View the full answer
Answered By
Jehal Shah
I believe everyone should try to be strong at logic and have good reading habit. Because If you possess these two skills, no matter what difficult situation is, you will definitely find a perfect solution out of it. While logical ability gives you to understand complex problems and concepts quite easily, reading habit gives you an open mind and holistic approach to see much bigger picture.
So guys, I always try to explain any concept keeping these two points in my mind. So that you will never forget any more importantly get bored.
Last but not the least, I am finance enthusiast. Big fan of Warren buffet for long term focus investing approach. On the same side derivatives is the segment I possess expertise.
If you have any finacne related doubt, do reach me out.
1+ Reviews
10+ Question Solved
Related Book For 
Basic Statistics For Business & Economics
ISBN: 9781259268939
6th Canadian Edition
Authors: Douglas A. Lind, William G Marchal, Samuel A. Wathen, Carol Ann Waite
Question Posted:
