Question

The mean value of land and buildings per acre for farms is $1300. A random sample...

The mean value of land and buildings per acre for farms is $1300. A random sample size 49 is drawn. Assume the standard deviation is $250. What is the probability that the mean value of land and buildings per acre is:

a) less than $400

b) more than $1250

c) between $1200 and $1300

Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

I think it would be less than $1400 for part (a). If it is less than$1400, than the answer of part (a) should be bellow:

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The mean value of land and buildings per acre from a sample of farms is ​$1300...
The mean value of land and buildings per acre from a sample of farms is ​$1300 ​, with a standard deviation of ​$200 . The data set has a​ bell-shaped distribution. Assume the number of farms in the sample is 72 . ​(a) Use the empirical rule to estimate the number of farms whose land and building values per acre are between ​$1100 and ​$1500 . 49 farms ​(Round to the nearest whole number as​ needed.) ​(b) If 24 additional...
The mean value of land and buildings per acre from a sample of farms is ​$1300​,...
The mean value of land and buildings per acre from a sample of farms is ​$1300​, with a standard deviation of ​$100. The data set has a​ bell-shaped distribution. Assume the number of farms in the sample is 73. ​(a) Use the empirical rule to estimate the number of farms whose land and building values per acre are between ​$1100 and ​$1500. If 23 additional farms were​ sampled, about how many of these additional farms would you expect to have...
The mean value of land and buildings per acre from a sample of farms is $1500...
The mean value of land and buildings per acre from a sample of farms is $1500 , with a standard deviation of $100. The data set has a bell-shaped distribution. Assume the number of farms in the sample is 71. (a) Use the empirical rule to estimate the number of farms whose land and building values per acre are between $1300 and $1700
The mean value of land and buildings per acre from a sample of farms is ​$1500​,...
The mean value of land and buildings per acre from a sample of farms is ​$1500​, with a standard deviation of ​$100. The data set has a​ bell-shaped distribution. Assume the number of farms in the sample is 71. ​(a) Use the empirical rule to estimate the number of farms whose land and building values per acre are between ​$1300 and ​$1700.
2.4.31 The mean value of land and buildings per acre from a sample of farms is...
2.4.31 The mean value of land and buildings per acre from a sample of farms is ​$1300 ​, with a standard deviation of ​$200 . The data set has a​ bell-shaped distribution. Assume the number of farms in the sample is 72 . ​(a) Use the empirical rule to estimate the number of farms whose land and building values per acre are between ​$1100 and ​$1500 .
The mean value of land and buildings per acre from a sample of farms is ​$1500​,...
The mean value of land and buildings per acre from a sample of farms is ​$1500​, with a standard deviation of ​$100. The data set has a​ bell-shaped distribution. Assume the number of farms in the sample is 78. ​(a) Use the empirical rule to estimate the number of farms whose land and building values per acre are between ​$1300 and ​$1700. ___farms
The mean value of land and buildings per acre from a sample of farms is ?$1600?,...
The mean value of land and buildings per acre from a sample of farms is ?$1600?, with a standard deviation of ?$300. The data set has a? bell-shaped distribution. Assume the number of farms in the sample is 76. ?(a) Use the empirical rule to estimate the number of farms whose land and building values per acre are between ?$1300 and ?$1900. ____ farms ?(Round to the nearest whole number as? needed.) ?(b) If 20 additional farms were? sampled, about...
The mean value of land and buildings per acre from a sample of farms is ​$1700...
The mean value of land and buildings per acre from a sample of farms is ​$1700 with a standard deviation of ​$200 The data set has a​ bell-shaped distribution. Assume the number of farms in the sample is 76 ​(a) Use the empirical rule to estimate the number of farms whose land and building values per acre are between ​$1300 and ​$2100 _____ farms ​(Round to the nearest whole number as​ needed.) ​(b) If 22 additional farms were​ sampled, about...
The mwan value of land and buildings per acre from a sample of farms is $1700,...
The mwan value of land and buildings per acre from a sample of farms is $1700, with a standard deviation of $200. The data set has a bell-shaped distribution. Assume the number of farms in the sample is 71. A. Use the empirical rule to estimate the number of farms whose land and building values per acre are between $1300 and $2100. # of farms? (Round to the nearest whole number as needed)
The mean value of land and buildings per acre from a sample of farms is $1700...
The mean value of land and buildings per acre from a sample of farms is $1700 with a standard deviation of $300 The data set has a​ bell-shaped distribution. Assume the number of farms in the sample is 72. a)Use the empirical rule to estimate the number of farms whose land and building values per acre are between ​$1400 and $2000. b)If 29 additional farms were​ sampled, about how many of these additional farms would you expect to have land...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT