Mean value of land as well as buildings per acre


The mean value of land as well as buildings per acre from sample of farms is $2400, with a standard deviation of $450. (Assume the data set has a bell-shaped distribution.)

Use the Empirical Rule to estimate the number of farms whose land and building value per acre are between $1500 and $3300. (Assume the number of farms in the sample is 40)

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Basic Statistics: Mean value of land as well as buildings per acre
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