SOLUTION: If hectar of land is chosen at random at 95% confidence, what is the probability tthat it may cost between $1250 and $1400?

SOLUTION: If hectar of land is chosen at random at 95% confidence, what is the probability tthat it may cost between $1250 and $1400?

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Question 921420: If hectar of land is chosen at random at 95% confidence, what is the probability tthat it may cost between $1250 and $1400?
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
With a 95% confidence Interval ($1250, $1400):
If hectar of land is chosen at random...
P($1250 < x < $1400) = .95 0r 95%
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