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The housing market has recovered slowly from the economic crisis of 2008.Recently, in one largecommunity, realtors randomly sampled 46 bids from potential buyers to estimate
The housing market has recovered slowly from the economic crisis of 2008.Recently, in one largecommunity, realtors randomly sampled 46 bids from potential buyers to estimate the average loss in home value. The sample showed the average loss was $9442 with a standard deviation of $1629.
Find a 90% confidence interval for the mean loss in value per home.
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