Question: Can you please explain step by step. Not just the answers. The mean value of land and buildings per acre from a sample of farms

Can you please explain step by step. Not just the answers.

The mean value of land and buildings per acre from a sample of farms is $1500

1500, with a standard deviation of $100

100. The data set has abell-shaped distribution. Assume the number of farms in the sample is 76

76.

(a) Use the empirical rule to estimate the number of farms whose land and building values per acre are between $1400

1400 and $1600

1600.

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