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Use the empirical Rule The mean value of land and buildings per acre from a sample of farms is $1000, with a standard deviation off $200. The data set has a bell-shaped distribution.Assume that the number of farms in the sample is 75. a) Estimate the percent of farms whose land and building values per acre are between $800 and $1200. b) Between what two values about 95% of the data lies? c) If 25 additional farms were sampled, about how many of these farms would you expect to have land and building values between $800 per acre and $1200

Use the empirical Rule The mean value of land and buildings per acre from a sample of farms is $1000, with a standard deviation off $200. The data set has a bell-shaped distribution.Assume that the number of farms in the sample is 75. a) Estimate the percent of farms whose land and building values per acre are between $800 and $1200. b) Between what two values about 95% of the data lies? c) If 25 additional farms were sampled, about how many of these farms would you expect to have land and building values between $800 per acre and $1200

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 22SGR
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Use the empirical Rule The mean value of land and buildings per acre from a sample of farms is $1000, with a standard deviation off $200. The data set has a bell-shaped distribution.Assume that the number of farms in the sample is 75. a) Estimate the percent of farms whose land and building values per acre are between $800 and $1200. b) Between what two values about 95% of the data lies c) If 25 additional farms were sampled, about how many of these farms would you expect to have land and building values between $800 per acre and $1200
Transcribed Image Text:Use the empirical Rule The mean value of land and buildings per acre from a sample of farms is $1000, with a standard deviation off $200. The data set has a bell-shaped distribution.Assume that the number of farms in the sample is 75. a) Estimate the percent of farms whose land and building values per acre are between $800 and $1200. b) Between what two values about 95% of the data lies c) If 25 additional farms were sampled, about how many of these farms would you expect to have land and building values between $800 per acre and $1200
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