Mathematics, 19.02.2021 02:10 sk9600930
Suppose a subdivision on the southwest side of Denver, Colorado, contains 1,500 houses. The subdivision was built in 1983. A sample of 120 houses is selected randomly and evaluated by an appraiser. If the mean appraised value of a house in this subdivision for all houses is $228,000, with a standard deviation of $8,500, what is the probability that the sample average is greater than $229,500?
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Suppose a subdivision on the southwest side of Denver, Colorado, contains 1,500 houses. The subdivis...
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