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13th Edition

Anderson

Publisher: CENGAGE L

ISBN: 9781305881884

Chapter 8, Problem 2CP

**1.**

To determine

Find the appropriate descriptive statistics for Gulf View condominiums.

**2.**

To determine

Find the appropriate descriptive statistics for No Gulf View condominiums.

**3.**

To determine

Compare the results and explain any particular statistic that results to help the real estate agent to know the condominium market.

**4.**

To determine

Find the 95% confidence interval for the population mean sales price and the population mean number of days to sell for Gulf view condominiums.

Interpret the results.

**5.**

To determine

Find the 95% confidence interval for the population mean sales price and the population mean number of days to sell for No Gulf view condominiums.

Interpret the results.

**6.**

To determine

Find the sample size for the Gulf view and No Gulf view condominiums for estimating the mean selling price.

**7.**

To determine

Find the final selling price and the number of days required to sell each of the unit.