BuyFind

STATISTICS F/BUSINESS+ECONOMICS-TE...

13th Edition
Anderson
Publisher: CENGAGE L
ISBN: 9781305881884
BuyFind

STATISTICS F/BUSINESS+ECONOMICS-TE...

13th Edition
Anderson
Publisher: CENGAGE L
ISBN: 9781305881884

Solutions

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.

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