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5. The mean selling price (in $ thousands) of the homes was computed earlier to be $221.10, with a standard deviation of $47.11. Assume this
5. The mean selling price (in $ thousands) of the homes was computed earlier to be $221.10, with a standard deviation of $47.11. Assume this is to be the population. Select a sample of 10 homes. Compute the mean. Determine the likelihood of a sample mean price this high or higher.
I want to you solve this question that starts the mean selling price ( in $ thousands ) of homes was computed eariler to be 221.10 $ , solve it with brief description and explantion
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