Again, use the information given in question 18. This time assume that 100 homes are randomly sampled
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Again, use the information given in question 18. This time assume that 100 homes are randomly sampled instead of
Question 18
A real estate agent in Connecticut is interested in the mean home price in the state. A random sample of 50 homes shows a mean home price of $175,622 and a sample standard deviation of $37,221. Construct a 95 % confidence interval for the mean home price.
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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