The average price of homes sold in the us in the past year, Ask an Expert

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The average price of homes sold in the U.S. in the past year was $220,000. A random sample of 81 homes sold this year showed an average price of $210,000. It is known that the standard deviation of the population is $36,000. At 95% confidence test to determine if there has been a significant decrease in the average price homes.

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Statistics and Probability, Statistics

Category:- Statistics and Probability
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