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The housing market has recovered slowly from the economic crisis of 2008. Recently, in one large community, realtors randomly sampled 31 bids from potential buyers
The housing market has recovered slowly from the economic crisis of 2008. Recently, in one large community, realtors randomly sampled 31 bids from potential buyers to estimate the average loss in home value. The sample showed the average loss was $8738 with a standard deviation of $2019.
Find a 95% confidence interval for the mean loss in value per home.
($ ___ , $___)
(Round to the nearest whole number as needed.)
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