Refer to the Real Estate data, which report information on the homes sold in the Goodyear, Arizona,

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Refer to the Real Estate data, which report information on the homes sold in the Goodyear, Arizona, area last year. Use statistical software to compute the mean and the standard deviation of the selling prices. Assume this to be the population. Select a sample of 10 homes. Compute the mean and the standard deviation of the sample. Determine the likelihood of a sample mean this large or larger from the population.

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Statistical Techniques In Business And Economics

ISBN: 356

16th Edition

Authors: Douglas Lind, William Marchal

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