Question
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
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 a bell-shaped distribution. Assume the number of farms in the sample is 70. Use the empirical rule to estimate the number of farms whose land and building values per acre are between $1300 and $2100.
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Financial Accounting Reporting And Analysis
Authors: Michael Diamond, James Stice, Earl K. Stice, James D. Stice
5th Edition
0538873019, 978-0538873017
