The housing market has recovered slowly from the economic crisis of 2008. Recently, in one large community, realtors randomly sampled 50 bids from potential buyers to estimate the average loss in home value. The sample showed the average loss was $8652 with a standard deviation of $2003. Find a 99% confidence interval for the mean loss in value per home. ($.$) (Round to the nearest whole number as needed.) HIDD
The housing market has recovered slowly from the economic crisis of 2008. Recently, in one large community, realtors randomly sampled 50 bids from potential buyers to estimate the average loss in home value. The sample showed the average loss was $8652 with a standard deviation of $2003. Find a 99% confidence interval for the mean loss in value per home. ($.$) (Round to the nearest whole number as needed.) HIDD
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 1GP
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