An important factor in selling a residential property is the number of times real estate agents show
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An important factor in selling a residential property is the number of times real estate agents show a home. A sample of 23 homes recently sold in the Buffalo, New York, area revealed the mean number of times a home was shown was 24 and the standard deviation of the sample was 9 people. What is the margin of error for a 98% confidence interval and what is the 98% confidence interval for the population mean? Round to 3 for first and 2 for 2nd.
Related Book For
Basic Statistics for Business and Economics
ISBN: 978-1260187502
9th edition
Authors: Douglas A. Lind, William G Marchal, Samuel A. Wathen
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