1. According to the National Association of Builders, the average single-family homesize in the United States is normally distributed with a mean μ = 2392 square feet anda standard deviation σ = 760 square feet. Sixty single-family houses are randomlyselected from Cleveland, and the mean size is 2,025 square feet. Is the average squarefootage of houses in Cleveland different than the population mean? Assume a = .05.
Continuous Probability Distributions
Probability distributions are of two types, which are continuous probability distributions and discrete probability distributions. A continuous probability distribution contains an infinite number of values. For example, if time is infinite: you could count from 0 to a trillion seconds, billion seconds, so on indefinitely. A discrete probability distribution consists of only a countable set of possible values.
Normal Distribution
Suppose we had to design a bathroom weighing scale, how would we decide what should be the range of the weighing machine? Would we take the highest recorded human weight in history and use that as the upper limit for our weighing scale? This may not be a great idea as the sensitivity of the scale would get reduced if the range is too large. At the same time, if we keep the upper limit too low, it may not be usable for a large percentage of the population!
1. According to the National Association of Builders, the average single-family homesize in the United States is
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