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Refer to Real Estate data, which report information on homes sold in the Denver, Colorado, area during the last year.
a. The mean selling price (in $ thousands) of the homes was computed earlier to be $221.10, with a standard deviation of $47.11. Use the normal distribution to estimate the percent of homes selling for more than $280.0. Compare this to the actual results. Does the normal distribution yield a good approximation of the actual results?
b. The mean distance of from the center of the city is 14.629 miles with a standard deviation of 4.874 miles. Use the normal distribution to estimate the number of homes 18 or more miles but less than 22 miles from the center of the city. Compare this to the actual results. Does the normal distribution yield a good approximation of the actual results?
what sample size should be used in the funding decision study? Use σ = $4000 as a planning value. ________________
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For binomial distribution among given values for n as well as p state whereas or not it is suitable to use normal distribution as an approximation.
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Which of the following would produce a new confidence interval with smaller width based on these same data and produce a new confidence interval
Does the normal distribution yield a good approximation of the actual results?
what is the probability that at least 8 of the words on the test are words that the student knows?
Determine the dependent variable(s)? Determine the value of the statistic? Write down the name of one variable not mentioned in this study that one might wish to control for.
each person received was determined by randomization. For each person who was sent one of the surveys, the researcher recorded whether or not a completed survey was returned.
The 95% prediction interval for a new patient with a 2-day cholesterol level of 220 is
The sample proportion of large gloves for each location is and . (Round your answers to 4 decimal places.)
The p-value of the test is closest to:
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