Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose you are looking for a house near Charleston in Mount Pleasant, SC, and you have narrowed your search to three subdivisions: Carolina Park, Dunes

Suppose you are looking for a house near Charleston in Mount Pleasant, SC, and you have narrowed your search to three subdivisions: Carolina Park, Dunes West, and Park West

. a. Download the Mount Pleasant Real Estate data set.

c. For the variable List Price, calculate the sample mean, the sample standard deviation, and the sample size for the three different subdivisions. Put the calculations in a table and round to the nearest dollar for the sample standard deviation and the mean. d. Based on the data set and the information we have, which confidence interval should we use here, a z or a t interval? Why?

I am not sure how to upload the excel here but it can be found: The data can be found at stat.hawkeslearning.com Data Sets > Mount Pleasant Real Estate Data

Please help!

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

1119563097, 9781119563099

Students also viewed these Mathematics questions