Question
The mean value of land and buildings per acre from a sample of farms is $1400, with a standard deviation of $100. The data set
The mean value of land and buildings per acre from a sample of farms is $1400, with a standard deviation of $100. The data set has a bell-shaped distribution. Using the empirical rule, determine which of the following farms, whole land and building values per acre are given, are unusual (more than two standard deviations from the mean). Are any of the data values very unusual?
Data values: $1060, $1273, $1446, $1524, $1535, $1631
1. which of the farms are unusual? (more than two standard deviations from the mean) Select all that apply.
A. $1060
B.$1446
C.$1524
D. $1273
E. $1631
F. $1535
2. Which of the farms are very unusual (more than three standard deviations from the mean) Select all that apply
A. $1535
B. $1631
C. $1446
D. $1060
E. $1273
F. $1524
G. None of the data values are unusual.
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