According to a recent publication, the mean price of new mobile homes is $63,500. Assume a standard deviation of $7200. Let x denote the mean price of a sample of new mobile homes. a. For samples of size 50, find the mean and standard deviation of x. Interpret your results in words. b. Repeat part (a) with n= 100. a. For $and $ respectively. (Round to the nearest cent as needed.) b. For and $ respectively. Round to the nearest cent as needed.) the mean and standard deviation of the mean and standard deviation of are are
According to a recent publication, the mean price of new mobile homes is $63,500. Assume a standard deviation of $7200. Let x denote the mean price of a sample of new mobile homes. a. For samples of size 50, find the mean and standard deviation of x. Interpret your results in words. b. Repeat part (a) with n= 100. a. For $and $ respectively. (Round to the nearest cent as needed.) b. For and $ respectively. Round to the nearest cent as needed.) the mean and standard deviation of the mean and standard deviation of are are
MATLAB: An Introduction with Applications
6th Edition
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Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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![According to a recent publication, the mean price of new mobile homes is $63,500. Assume a standard deviation of
$7200. Let x denote the mean price of a sample of new mobile homes.
a. For samples of size 50, find the mean and standard deviation of X. Interpret your results in words.
b. Repeat part (a) with n = 100.
a. For
and $
respectively.
(Round to the nearest cent as needed.)
b. For
$and $[
respectively.
(Round to the nearest cent as needed.)
the mean and standard deviation of
the mean and standard deviation of
Time Remaining: 01:45:48
are
are
Next](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F037cbcb3-2aa5-4bab-884f-8e4c5e3a2621%2Fea9b538f-a328-4477-9904-96916bab026b%2F7ruvvk_processed.jpeg&w=3840&q=75)
Transcribed Image Text:According to a recent publication, the mean price of new mobile homes is $63,500. Assume a standard deviation of
$7200. Let x denote the mean price of a sample of new mobile homes.
a. For samples of size 50, find the mean and standard deviation of X. Interpret your results in words.
b. Repeat part (a) with n = 100.
a. For
and $
respectively.
(Round to the nearest cent as needed.)
b. For
$and $[
respectively.
(Round to the nearest cent as needed.)
the mean and standard deviation of
the mean and standard deviation of
Time Remaining: 01:45:48
are
are
Next
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