7.2 A random sample of 10 homes in a particular suburb had the following selling prices (in...
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7.2 A random sample of 10 homes in a particular suburb had the following selling prices (in thousands of pounds):
209 256 257 272 275 277 278 285 306 327
a. Check for evidence of nonnormality.
b. Find a point estimate of the population mean that is unbiased and efficient.
c. Use an unbiased estimation procedure to find a point estimate of the variance of the sample mean.
(Hint: Use sample standard deviation to estimate population standard deviation).
d. Use an unbiased estimator to estimate the proportion of homes in this suburb selling for less than
£280,000.
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Related Book For
Essential Mathematics And Statistics For Science
ISBN: 9780470694480
2nd Edition
Authors: Graham Currell, Dr. Antony Dowman
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