According to money the average home in ventura county, Ask an Expert

Statistics

According to Money, the average home in Ventura County, California, sells for $647,000.

Assume that this sample mean was obtained from a random sample of 200 homes in this county, and that the sample standard deviation was $140,000. Give a 95% confidence interval for the average value of a home in Ventura County.

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M92182360

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

Babies weighing less than 55 pounds at birth are considered

Babies weighing less than 5.5 pounds at birth are considered "low-birth-weight babies." In the United States, 7.6% of newborns are low-birth-weight babies. The following information was accumulated from samples of new bi ...

Discuss the core business objectives and the primary focus

Discuss the core business objectives and the primary focus of the financial business model.

Show your worksheel inc has 7 percent coupon compounded

Show your work Sheel INC. has 7 percent coupon ( compounded semiannually) bonds on the market with 10 years to maturity, and the par value of $1,000. At what price should bonds be selling for if the YTM is 5%? Had the bo ...

A population has a mean of 400 and a standard deviation of

A population has a mean of 400 and a standard deviation of 50. Suppose a sample of size 125 is selected and is used to estimate . Use z-table. 1) What is the probability that the sample mean will be within +/- 6 of the p ...

Pete pablo has 20000 to invest he is very optimistic about

Pete Pablo has $20000 to invest. He is very optimistic about the prospects of two companies, 919 Brands and Diaries.com. However, Pete has a very pessimistic view of one company, a financial institution known as Star Ban ...

New york graduates tend to leave the state after graduating

New York graduates tend to leave the state after graduating. A study asked the students of NYU "Are you planning to stay in NY after graduation?" In the sample, only 37% answered yes. The study explained that with a 95% ...

Aprobability experiment consists of rolling a 6-sided die

A probability experiment consists of rolling a 6-sided die. What is the probability of rolling a number less than 6.

Doctor wants the estimate the hdl cholesterol of all 20 to

Doctor wants the estimate the HDL cholesterol of all 20 to 29 year old females. How many subjects are needed to estimate the HDL cholesterol within 3 points with 99% confidence assuming o=18.2? Suppose the doctor would b ...

According to the current results website the state of

According to the Current Results website, the state of California has a mean annual rainfall of 21 inches, whereas the state of New York has a mean annual rainfall of 55 inches. Assume that the standard deviation for bot ...

New varieties of corn with altered amino acid content are

New varieties of corn with altered amino acid content are being investigated for higher nutritional content. The two new varieties, opaque-2 and floury-2, were to be compared to the normal corn. Also different levels of ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Statistics and Probability Expert