A new housing estate contains 1500 houses. A sample of 100 houses is selected randomly and evaluated
Question:
A new housing estate contains 1500 houses. A sample of 100 houses is selected randomly and evaluated by a real estate agent. If the mean appraised value of a house for all houses in this area is $300000 with a standard deviation of $10500, what is the probability that the sample average is greater than $303000?
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Related Book For 
Business Analytics And Statistics
ISBN: 9780730363330
1st Edition
Authors: Ken Black, John Asafu Adjaye, Paul Burke, Nelson Perera, Carl Sherwood, Saleh A. Wasimi
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