Question
Suppose a subdivision on the southwest side of Denver, Colorado, contains1,400houses. The subdivision was built in 1983. A sample of100houses is selected randomly and evaluated
Suppose a subdivision on the southwest side of Denver, Colorado, contains1,400houses. The subdivision was built in 1983. A sample of100houses is selected randomly and evaluated by an appraiser. If the mean appraised value of a house in this subdivision for all houses is $228,000, with a standard deviation of $8,700, what is the probability that the sample average is greater than $229,500?
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Introductory Algebra
Authors: Alan S Tussy, Rosemary Karr, Marilyn Massey, Diane Koenig, R David Gustafson
5th Edition
1305161866, 9781305161863
