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A real estate agent is interested in determining how closely actual selling prices of residential properties in a particular market match the appraised values. He
A real estate agent is interested in determining how closely actual selling prices of residential properties in a particular market match the appraised values. He has collected a random sample of 75 houses that were recently sold in this market to serve as the basis of the comparison. He would like a confidence interval estimate that provides information about the difference between the selling prices and the appraised values of residential properties in this market. All values are in thousands
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