Assume that the price of housing in corpus christi is, Ask an Expert

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Assume that the price of housing in Corpus Christi is normally distributed. Based on our random sample of 23 houses we surveyed, we calculated that x = $299,756.2 with the standard deviation s = 107.11. If we know that the population mean, mu = 299,710.5. Calculate the 99 percent confidence interval; does the confidence interval include the population mean?

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Business Economics, Economics

Category:- Business Economics
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