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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 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
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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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
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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