Mathematics, 01.11.2021 18:40 3steves
An important factor in selling a residential property is the number of times real estate agents show a home. A sample of 23 homes recently sold in the Buffalo, New York, area revealed the mean number of times a home was shown was 24 and the standard deviation of the sample was 9 people.
a. What is the margin of error for a 98% confidence interval?
b. What is the 98% confidence interval for the population mean?
Answers: 2
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