Refer to the CREA Cities Only (Canadian Real Estate Association) data online, which reports information on average
Question:
Refer to the CREA Cities Only (Canadian Real Estate Association) data online, which reports information on average house prices nationally and in a selection of cities across Canada.
a. Develop a 97% confidence interval for the mean list price for all cities for January 2014.
b. Is it possible that the population mean is $400000? Explain.
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a Mean 36295256 sample standard deviation 15485597 Count 16 Confi...View the full answer
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Related Book For 
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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