Non-Waterfront Properties Waterfront Properties 100 70 $219,896.60 $94,627.15 $319,906.40 $153,303.80 800 600 400 200 Non-Waterfront Waterfront Sale Prices ($1000)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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View of the water How much extra is having a water-
front property worth? A student took a random sample
of 170 recently sold properties in Upstate New York
to examine the question. Here are her summaries and
boxplots of the two groups of prices:Construct and interpret a 95% confidence interval for
the mean additional amount that waterfront property is
worth. (From technology, df = 105.48.)
Non-Waterfront Properties
Waterfront Properties
100
70
$219,896.60
$94,627.15
$319,906.40
$153,303.80
800
600
400
200
Non-Waterfront
Waterfront
Sale Prices ($1000)
Transcribed Image Text:Non-Waterfront Properties Waterfront Properties 100 70 $219,896.60 $94,627.15 $319,906.40 $153,303.80 800 600 400 200 Non-Waterfront Waterfront Sale Prices ($1000)
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