Refer to the Real Estate DataHalifax Area online, which reports information on home listings. The mean list
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Refer to the Real Estate Data—Halifax Area online, which reports information on home listings. The mean list price (in $ thousands) of the homes was computed earlier. Use the normal distribution to estimate the percentage of homes listed for more than $475 000. Compare this to the actual results. Does the normal distribution yield a good approximation of the actual results?
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Descriptive statistics List Price Count 98 Mean 56749676 sample ...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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