This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A computer package was used to generate the following printout for estimating the sale price of ... (Read 61 times)

WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
on: Jan 16, 2020
A computer package was used to generate the following printout for estimating the sale price of condominiums in a particular neighborhood.

X = sale_price

SAMPLE MEAN OF X =46,500
SAMPLE STANDARD DEV =13,747
SAMPLE SIZE OF X =15
CONFIDENCE =99

UPPER LIMIT =57,066.70
SAMPLE MEAN OF X =46,500
LOWER LIMIT =35,933.30
What assumptions are necessary for any inferences derived from this printout to be valid?
◦ The population mean has an approximate normal distribution.
◦ The sample variance equals the population variance.
◦ The sample was randomly selected from an approximately normal population.
◦ All of these are necessary.
Statistics: Informed Decisions Using Data ¦ Sullivan ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by WhattoUnderstand on Jan 16, 2020

shaikhs

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jan 16, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


WhattoUnderstand

  • Member
  • Posts: 517
Reply 2 on: Jan 16, 2020
Gracias!

patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Sequential blending uses a computer to calculate the correct ratio as well as the prescribed order ... Sequential blending uses a computer to calculate the correct ratio as well as the prescribed order ...
Checking the 5 volt reference from the computer being applied to the TP sensor with the ignition ... Checking the 5 volt reference from the computer being applied to the TP sensor with the ignition ...
U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994 U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994
GO! All in One: Computer Concepts and Applications, 3rd GO! All in One: Computer Concepts and Applications, 3rd
Your company advertises all prices on the menu board as a final price, including HST of 13%. A ... Your company advertises all prices on the menu board as a final price, including HST of 13%. A ...
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Video: Griffith's experiments

For a complete list of videos, visit our video library