Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The mean value of land and buildings per acre from a sample of farms is $1800, with a standard deviation of $300. The data set

The mean value of land and buildings per acre from a sample of farms is $1800, with a standard deviation of $300. The data set has abell-shaped distribution. Assume the number of farms in the sample is 72.

(a) Use the empirical rule to estimate the number of farms whose land and building values per acre are between $1500 and $2100.

nothing

farms (Round to the nearest whole number asneeded.)

(b) If 29 additional farms weresampled, about how many of these additional farms would you expect to have land and building values between $1500 per acre and $2100 peracre?

nothing

farms out of 29 (Round to the nearest whole number asneeded.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Intermediate Algebra With Trigonometry

Authors: Charles P McKeague

1st Edition

1483218759, 9781483218755

More Books

Students also viewed these Mathematics questions