Question
Suppose that the weekly rental house in ($) in a particular western suburb in Sydney follow a normal distribution and we want to estimate the
- Suppose that the weekly rental house in ($) in a particular western suburb in Sydney follow a normal distribution and we want to estimate the mean rental price of all houses in this particular suburb.
A sample of 20 weekly house rentals was collected and it was found to have a sample mean of $539 and sample standard deviation of $ 69.426
Calculate the 95% confidence interval to estimate the mean of all rental houses in this particular suburb in Sydney
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A Handbook Of Statistical Analyses Using Sas
Authors: Geoff Der, Brian S Everitt
3rd Edition
1584887850, 9781584887850
