This topic contains a solution. Click here to go to the answer

Author Question: A computer package was used to generate the following printout for estimating the sale price of ... (Read 142 times)

ashley

  • Hero Member
  • *****
  • Posts: 584
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 =98

UPPER LIMIT =55,813.80
SAMPLE MEAN OF X =46,500
LOWER LIMIT =37,186.20

A friend suggests that the mean sale price of homes in this neighborhood is Comment on your friend's suggestion.
◦ Your friend is correct, and you are 98% certain.
◦ Your friend is correct, and you are 100% certain.
◦ Your friend is wrong, and you are 98% certain.
◦ Based on this printout, all you can say is that the mean sale price might be


Related Topics

Need homework help now?

Ask unlimited questions for free

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

bookworm410

  • Sr. Member
  • ****
  • Posts: 341
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




ashley

  • Member
  • Posts: 584
Reply 2 on: Jan 16, 2020
Gracias!


amandalm

  • Member
  • Posts: 306
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

For a complete list of videos, visit our video library