Xr10-29 Because of different sales ability, experience, and devotion, the incomes of real estate agents vary considerably.
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Xr10-29 Because of different sales ability, experience, and devotion, the incomes of real estate agents vary considerably. Suppose that in a large city the annual income is normally distributed with a standard deviation of $15,000. A random sample of 16 real estate agents was asked to report their annual income (in
$1,000). The responses are listed here. Determine the 99% confidence interval estimate of the mean annual income of all real estate agents in the city.
65 94 57 111 83 61 50 73 68 80 93 84 113 41 60 77
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Related Book For
Statistics For Management And Economics
ISBN: 9781133420774
9th Edition
Authors: Gerald Keller, Kenneth C Louden
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