A realtor living in Orange County is doing a study on homes in Orange County and one aspect of the study is the price of homes. The realtor randomly selected 35 homes and found that the mean price of the homes was $733,900 with a standard deviation of $56,800. Construct and interpret a 90% confidence interval for the mean price of homes in Orange County. Note: A normal probability plot shows that the data comes from a population that is normal.

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A realtor living in Orange County is doing a study on homes in Orange County and one aspect of the study is the price of homes.
The realtor randomly selected 35 homes and found that the mean price of the homes was $733,900 with a standard deviation
of $56,800. Construct and interpret a 90% confidence interval for the mean price of homes in Orange County. Note: A normal
probability plot shows that the data comes from a population that is normal.
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Transcribed Image Text:A realtor living in Orange County is doing a study on homes in Orange County and one aspect of the study is the price of homes. The realtor randomly selected 35 homes and found that the mean price of the homes was $733,900 with a standard deviation of $56,800. Construct and interpret a 90% confidence interval for the mean price of homes in Orange County. Note: A normal probability plot shows that the data comes from a population that is normal. Edit View Insert Format Tools Table 12pt v Paragraph v D2
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