document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=323905>Question 323905</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose that a random sample of thirteen recently sold houses in a certain city has a mean sales price of $295,000, with a standard deviation of $13,000. Under the assumption that house prices are normally distributed, find a 95% confidence interval for the mean sales price of all houses in this community. Then complete the table below. \r<BR>\n" );
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document.write( "Carry your intermediate computations to at least three decimal places. Round your answers to the nearest whole number. <BR>\n" );
document.write( "What is the lower limit of confidence interval?<BR>\n" );
document.write( "What is the upper limit of confidence interval?\r<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #231851 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=231851\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Suppose that a random sample of thirteen recently sold houses in a certain city has a mean sales price of $295,000, with a standard deviation of $13,000. Under the assumption that house prices are normally distributed, find a 95% confidence interval for the mean sales price of all houses in this community. Then complete the table below. <BR>\n" );
document.write( "Carry your intermediate computations to at least three decimal places. Round your answers to the nearest whole number. <BR>\n" );
document.write( "What is the lower limit of confidence interval?:::::287144<BR>\n" );
document.write( "What is the upper limit of confidence interval?:::::302856<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.  </SPAN>\n" );
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