Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I am trying to Calculate the 95% confidence interval and show or describe the method of calculation. Interpret the confidence 95% confidence interval in context.

I am trying to Calculate the 95% confidence interval and show or describe the method of calculation.

Interpret the confidence 95% confidence interval in context.

H0: ? = 2,111

HA: ? ? 2,111

t test = (2111 - 228994.1536)/(79432.17347/500?) = -63.869

t statistic = -63.869

p value for t statistic -63.869 at 499 degree of freedom (n -1) is 0.00001

Mean228994.1536
Standard Deviation79432.17347
Median215050
Count500
Mode169950

image text in transcribed
Summary Statistics n Mean Median Std. Dev. Min D3 Max Listing 1,000 342,365 318,000 125,914 135,300 265,250 381,600 987,600 price (S Cost per 1,000 169 166 41 71 139 191 344 square foot ($) Square 1,000 2,111 1,881 921 1,101 1,626 2,215 6,516 feet This graph shows the frequency for listing price. Nation d Lating Prices Is 200 100 living price This graph shows the frequency for square feet. National Listing's Square Feet 300

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Mathematics For The Liberal Arts

Authors: Donald Bindner, Martin J Erickson, Joe Hemmeter

1st Edition

1118371747, 9781118371749

More Books

Students also viewed these Mathematics questions

Question

Explain the causes of indiscipline.

Answered: 1 week ago

Question

Explain the factors influencing wage and salary administration.

Answered: 1 week ago

Question

3. What values would you say are your core values?

Answered: 1 week ago