The mean value of land and buildings per acre from a sample of farms is
$1700
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
$1500
and
$1900
nothing
farms (Round to the nearest whole number as needed.) (b) If
21
additional farms were sampled, about how many of these additional farms would you expect to have land and building values between
$1500
per acre and
$1900
per acre?
nothing
farms out of
21
(Round to the nearest whole number as needed.)
a)
b)
If 21 additional farms were sampled
0.95*21 = 19.95 = 20
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