document.write( "Question 872919: A random sample of 100 rates of return on real estate investments were
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document.write( "computed and recorded. Assuming that the standard deviation of all rates of
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document.write( "return on real estate investments is 2.5% and sample mean is 12.
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document.write( "(a) Estimate the mean rate of return on all real estate investments with 95%
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document.write( "confidence.
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document.write( "(b) Discuss the assumptions of binomial distribution. \n" );
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Algebra.Com's Answer #526519 by oscargut(2103)![]() ![]() You can put this solution on YOUR website! a)\r \n" ); document.write( "\n" ); document.write( "CI is:\r \n" ); document.write( "\n" ); document.write( "Lower limit 12 - 1.96(2.5)/10 = 11.51\r \n" ); document.write( "\n" ); document.write( "Upper limit: 12 + 1.96(2.5)/10 = 12.49\r \n" ); document.write( "\n" ); document.write( "Answer: (11.51,12.49)\r \n" ); document.write( "\n" ); document.write( "You can ask me more at:\r \n" ); document.write( "\n" ); document.write( "mthman@gmail.com\r \n" ); document.write( "\n" ); document.write( "Thanks \n" ); document.write( " |