Table 1: A random sampling of 30 homes in the Winston-Salem area.PriceSize(single- or multi-level)178,9001218,000239,9001142,0001183,200279,600199,90022314,900130,0002339,900200,000254,900293,5001212225,0002249,9002145,0001284,900259,90011165,000277,900210,00012285,000174,900195,0001289,9002225,0002179,000248,90012209,9002225,000 Assuming that the sampled homes for sale are uniformly distributed throughout Winston-Salem and that the number of floors a house has does not affect its likelihood tosell, estimate the population proportion of single-floor homes in the area. (Round to two decimal places.)p' = ???

From the given data set, The random sample of homes is, n = 30 The number of single floor homes in…

Assuming that the sampled homes for sale are uniformly distributed throughout Winston-Salem and that the number of floors a house has does not affect its likelihood to sell, estimate the population proportion of single-floor homes in the area. (Round to two decimal places.) p' = ???

Assuming that the sampled homes for sale are uniformly distributed throughout Winston-Salem and that the number of floors a house has does not affect its likelihood to sell, estimate the population proportion of single-floor homes in the area. (Round to two decimal places.) p' = ???

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter8: Sequences, Series, And Probability

Section8.7: Probability

Problem 58E: What is meant by the sample space of an experiment?

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Question

Table 1: A random sampling of 30 homes in the Winston-Salem area.
Price
Size
(single- or multi-level)
178,900
1
218,000
239,900
1
142,000
1
183,200
279,600
199,900
2
2
314,900
130,000
2
339,900
200,000
254,900
293,500
1
2
1
2
225,000
2
249,900
2
145,000
1
284,900
259,900
1
1
165,000
277,900
210,000
1
2
285,000
174,900
195,000
1
289,900
2
225,000
2
179,000
248,900
1
2
209,900
2
225,000

Assuming that the sampled homes for sale are uniformly distributed throughout Winston-Salem and that the number of floors a house has does not affect its likelihood to
sell, estimate the population proportion of single-floor homes in the area. (Round to two decimal places.)
p' = ???

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