An important factor in selling a residential property is the number of people who look through the

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An important factor in selling a residential property is the number of people who look through the home. A sample of 15 homes recently sold in the Halifax, Nova Scotia, area revealed the mean number looking through each home was 24 and the standard deviation of the sample was 5 people. Develop a 98% confidence interval for the population me Between 20.61 and 27.39, found by 24 ± 2.624(5/√15).

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Basic Statistics For Business & Economics

ISBN: 9781259268939

6th Canadian Edition

Authors: Douglas A. Lind, William G Marchal, Samuel A. Wathen, Carol Ann Waite

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