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Author Question: The following random sample was selected from a normal population: 9, 11, 8, 10, 14, 8. Construct a ... (Read 81 times)

kaid0807

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on: Feb 14, 2020

Question 1

A computer package was used to generate the following printout for estimating the mean sale price of homes in a particular neighborhood.

X = sale_price

SAMPLE MEAN OF X =46300
SAMPLE STANDARD DEV =13747
SAMPLE SIZE OF X =25
CONFIDENCE =90

UPPER LIMIT =51003.90
SAMPLE MEAN OF X =46300
LOWER LIMIT =41596.10

A friend suggests that the mean sale price of homes in this neighborhood is $42,000. Comment on your friend's suggestion.

Question 2

The following random sample was selected from a normal population: 9, 11, 8, 10, 14, 8. Construct a 95% confidence interval for the population mean μ.
Statistics ¦ McClave, Sincich, Tamarack ¦ 12th Edition
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Marked as best answer by kaid0807 on Feb 14, 2020

thall411

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Reply #1 on: Feb 14, 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.
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kaid0807

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Reply 2 on: Feb 14, 2020
YES! Correct, THANKS for helping me on my review

yeungji

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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