I recommend that B&K go with the Silver Package. It gives a good amount of accuracy without being too expensive.

With this option, I am 95% confident that the true average listing price of homes in the Northeast is between $302,250 and $317,750.

Why I picked the Silver Package:

1. Margin of Error: The Bronze Package has a big margin of error - $24,500. That's a big range, which makes it hard for agents to really know what homes are going for. The Gold Package is the most accurate, but it's also expensive. The Silver Package cuts that big error down to something much more useful, without breaking the bank.
2. Cost vs. Accuracy: The Gold Package is more accurate, but it costs $25,000. The Silver Package is only $10,000 and still gives solid results. It's not work paying more than double just to slightly improve the estimate.
3. Bigger Sample = Smaller Error: Getting more data helps shrink the margin of error, but it gets expensive fast. The Silver Package hits the sweet spot - it's accurate enough and reasonably priced For your response posts to your peers, choose two different packages for your responses. Do you think the agents would prefer a different confidence interval than their management? What advantages and disadvantages would there be in having different confidence intervals for the agents? Explain your thought process and reasoning in your response.