Mean value of land and buildings

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The mean value of land and buildings per acre for a sample of farms is $1200, with standard deviation of $200. The data set has a bell shaped distribution. Summer number of farms in the sample is 73.

(A) Use the empirical rule to estimate the number of farms who's land and building values per acre are between $800 in $1600. Open parenthesesRound to the nearest whole number as needed)

(B) If 27 additional farm for sampled about how many of these additional forms would you expect to have land and building values between $100 per acre in 16 her dollars per acre? (Round to the nearest whole number as needed)

Reference no: EM131726068

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