Concept explainers
To select the best option to find out the degrees of freedom for the confidence interval and tests for thee data using the t -distribution.
Answer to Problem 25E
The option (b) is the correct option.
Explanation of Solution
In the question, appraised market price and the actual market price are compared and the computer output of the data is given. Thus, it is given in the question that,
And as we know that the degrees of freedom is the
Thus, the option (b) is the correct option.
Chapter 12 Solutions
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