The following data represent the asking price of a simple random sample of homes for sale. Construct a

99%

confidence interval with and without the outlier included. Comment on the effect the outlier has on the confidence interval.

$262,900	$279,900	$219,900
$143,000	$205,800	$192,000
$459,900	$178,900	$187,500
$171,000	$147,800	$264,900

(b) Construct a 99% confidence interval with the outlier removed.

c. comment on the effect that the outlier has on the coefidence interval.