Answered: Non-Waterfront Properties Waterfront…

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015

1st Edition

ISBN:9781680331141

Author:HOUGHTON MIFFLIN HARCOURT

Publisher:HOUGHTON MIFFLIN HARCOURT

Chapter11: Data Analysis And Displays

Section11.1: Measures Of Center And Variation

Problem 3E

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View of the water How much extra is having a water-
front property worth? A student took a random sample

of 170 recently sold properties in Upstate New York
to examine the question. Here are her summaries and
boxplots of the two groups of prices:Construct and interpret a 95% confidence interval for
the mean additional amount that waterfront property is
worth. (From technology, df = 105.48.)

Non-Waterfront Properties
Waterfront Properties
100
70
$219,896.60
$94,627.15
$319,906.40
$153,303.80
800
600
400
200
Non-Waterfront
Waterfront
Sale Prices ($1000)

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