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Confidence interval for the mean sales price of all houses

Discussion:

Q: Suppose that a random sample of eleven recently sold houses in a certain city has mean sales price of $290,000, with a standard deviation of $7,000. Under the assumption that house prices are normally distributed , find a 95% confidence interval for the mean sales price of all houses in this community.

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Basic Statistics: Confidence interval for the mean sales price of all houses

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Basic Statistics: Confidence interval for the mean sales price of all houses

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