Confidence interval for the average value of a home

Reference no: EM131372524

According to Money, the average home in Ventura County, California, sells for $647,000.

Assume that this sample mean was obtained from a random sample of 200 homes in this county, and that the sample standard deviation was $140,000. Give a 95% confidence interval for the average value of a home in Ventura County.

Reference no: EM131372524

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