The mean value of land and building per acre from a sample of farms is $1200 with a standard deviation of $300. The data set has a bell shaped distribution. Assume the number of farms in the sample is 74. If 26 additional farms were sampled, about how many of these additional farms would you expect to have land and building values between $600 per acre and $1800 per acre? ___farms out of 26?
The mean value of land and building per acre from a sample of farms is $1200 with a standard deviation of $300. The data set has a bell shaped distribution. Assume the number of farms in the sample is 74. If 26 additional farms were sampled, about how many of these additional farms would you expect to have land and building values between $600 per acre and $1800 per acre? ___farms out of 26?
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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The mean value of land and building per acre from a sample of farms is $1200 with a standard deviation of $300. The data set has a bell shaped distribution. Assume the number of farms in the sample is 74.
If 26 additional farms were sampled, about how many of these additional farms would you expect to have land and building values between $600 per acre and $1800 per acre?
___farms out of 26?
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