Question

Using your data from Question 1, construct a 90% confidence interval for the population average home...

Using your data from Question 1, construct a 90% confidence interval for the population average home sale price in Whatcom county.

(b)What does the confidence interval mean?

(c) How is the confidence interval related to the Central Limit Theorem?

(d) What is the difference between a hypothesis test and a confidence interval?

House Price
1 819500
2 499950
3 569000
4 220000
5 110000
6 499999
7 389900
8 399000
9 650000
10 459000
11 975000
12 749000
13 848000
14 529000
15 325000
16 895000
17 337250
18 489000
19 485000
20 369000
21 2100000
22 509000
23 469900
24 380000
25 260000
26 475000
27 765000
28 675000
29 649000
30 256500
Math   Statistics-And-Probability   
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