Estimate the number of farms whose land and building values


Problem

The mean value of land and buildings per acre from a sample of farms is $13001300, with a standard deviation of $100100. The data set has a bell-shaped distribution. Assume the number of farms in the sample is 7474.

Use the empirical rule to estimate the number of farms whose land and building values per acre are between $12001200 and $14001400.

The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.

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Basic Statistics: Estimate the number of farms whose land and building values
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