A report announced that the median sales price of new houses sold one year was $231,000, and the mean sales price was $273,700. Assume that the standard deviation of the prices is $80,000. If you select a random sample of n=100, what is the probability that the sample mean will be betwee $275,000 and $285,000? round to four decimal places
A report announced that the median sales price of new houses sold one year was $231,000, and the mean sales price was $273,700. Assume that the standard deviation of the prices is $80,000. If you select a random sample of n=100, what is the probability that the sample mean will be betwee $275,000 and $285,000? round to four decimal places
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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A report announced that the median sales price of new houses sold one year was $231,000, and the mean sales price was $273,700. Assume that the standard deviation of the prices is $80,000.
If you select a random sample of n=100, what is the probability that the sample mean will be betwee $275,000 and $285,000? round to four decimal places
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