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 60 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
Thanks for the timely response, appreciate it

Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

THE WORLD'S BIGGEST SALE THE WORLD'S BIGGEST SALE
Typical computer-controlled diesel engine fuel injectors. Typical computer-controlled diesel engine fuel injectors.
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
Schematic of a mitochondrion and Computer model generated from electron tomograms of a mitochondrion Schematic of a mitochondrion and Computer model generated from electron tomograms of a mitochondrion
The net price of an article is $79.84. What is the list price if a discount of 23% was allowed? The net price of an article is $79.84. What is the list price if a discount of 23% was allowed?
Estimating Potential Blood Volume Loss (Part 2) Estimating Potential Blood Volume Loss (Part 2)
Video: Electrocardiogram Examination

For a complete list of videos, visit our video library