Question
The mean value of land and buildings per acre from a sample of farms is $ 1700 with a standard deviation of $ 200 The
The mean value of land and buildings per acre from a sample of farms is $1700 with a standard deviation of $200 The data set has abell-shaped distribution. Assume the number of farms in the sample is 76
(a) Use the empirical rule to estimate the number of farms whose land and building values per acre are between $1300 and $2100
_____ farms (Round to the nearest whole number asneeded.)
(b) If 22 additional farms weresampled, about how many of these additional farms would you expect to have land and building values between $1300 per acre and $2100
____ farms out of 22 (Round to the nearest whole number asneeded.)
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