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Profitable time to harvest the tallest

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Reference no: EM131106926

Suppose you have a tree farm and you have 1000 live oaks on this farm. You are wondering if this would be a profitable time to harvest the tallest ones - those over 55 feet tall. Your sample of 100 of them indicates that their average height is 45 feet and that the standard deviation (s) of their heights is 5 feet. How many trees in your farm to you predict will have a height greater than 55 feet? (For this answer you do not need to provide a written explanation - simply provide the final answer and show enough of your work to earn part credit if your final answer is wrong. If you can simply provide a written explanation of your math that will be acceptable too.).

Reference no: EM131106926

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