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According to Money, the average price of a home in Albuquerque is $165,000.

Suppose that the reported figure is a sample estimate based on 80 randomly chosen homes in this city, and that the population standard deviation was known to be $55,000. Give an 80% confidence interval for the population mean home price.

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Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M92182207

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