#9 Recently, six single-family homes in Corpus Christi in Texas sold at the following prices (in $1,000s): 543, 472, 718, 548, 632, 624. Find a 95% confidence interval for the mean sale price in Corpus Christi. Multiple Choice [522.09, 656.91] [489.93, 689.07] [498.98, 680.02] [503.53, 675.47]

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Types of Bias

Statistics is the study of data collection, organization, analysis, interpretation, and presentation. Statistical bias is a characteristic of a statistical technique or its findings in which the expected value deviates from the actual root quantitative parameter being estimated. According to the actual definition of bias, it refers to the tendency of a statistic to overestimate or underestimate a parameter.