SOLUTION: Suppose we want to estimate the average home price in the State of North Carolina. Using this example, describe in your own words how you would go about determining this average th

SOLUTION: Suppose we want to estimate the average home price in the State of North Carolina. Using this example, describe in your own words how you would go about determining this average th

Algebra.Com

Question 696518: Suppose we want to estimate the average home price in the State of North Carolina. Using this example, describe in your own words how you would go about determining this average through drawing a random sample
Answer by CubeyThePenguin(3113) (Show Source): You can put this solution on YOUR website!
Random sample: pick 1000 random houses in the state and find their price

RELATED QUESTIONS
I really need help!!! thanks Suppose we want to estimate the average number of... (answered by stanbon)

The average home price in Linden Hills, Minneapolis in 2007 was $381,000. The... (answered by solver91311,ewatrrr)

Hi Below are the home states of 21 college professors. New Jersey Ohio (answered by jim_thompson5910)

Below are the home states of 21 college professors. New Jersey Ohio Michigan South... (answered by jim_thompson5910)

Below are the home states of 17 college professors. Ohio Georgia... (answered by killer6678)

I hope someone can help me this is one of the problems in my homework I dont get. Below... (answered by Edwin McCravy)

Below are the home states of 19 college professors. New Jersey Ohio Michigan Georgia... (answered by solver91311)

1.A recent observation of the North Carolina State Debt Clock revealed that our state has (answered by fractalier)

In 2001 the U.S. population was approximately 285,000,000 people; North Carolina acounted (answered by jorel1380)