Table 1: A random sampling of 30 homes in the Winston-Salem area.PriceSize(single- or multi-level)178,9001218,000239,9001142,0001183,200279,600199,90022314,900130,0002339,900200,000254,900293,5001212225,0002249,9002145,0001284,900259,90011165,000277,900210,00012285,000174,900195,0001289,9002225,0002179,000248,90012209,9002225,000 Assuming that the sampled homes for sale are uniformly distributed throughout Winston-Salem and that the number of floors a house has does not affect its likelihood tosell, estimate the population proportion of single-floor homes in the area. (Round to two decimal places.)p' = ???

From the given data set, The random sample of homes is, n = 30 The number of single floor homes in…

Answered: Assuming that the sampled homes for…

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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Assuming that the sampled homes for sale are uniformly distributed throughout Winston-Salem and that the number of floors a house has does not affect its likelihood to sell, estimate the population proportion of single-floor homes in the area. (Round to two decimal places.) p' = ???