Best writers. Best papers. Let professionals take care of your academic papers

Order a similar paper and get 15% discount on your first order with us
Use the following coupon "FIRST15"
ORDER NOW

The mean value of land and buildings per acre

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 abell-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 $1500 and $1900. 

49 farms is the answer to question (a) (Round to the nearest whole number as needed.)

(b) If 24 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?

____ farms out of 24 (Round to the nearest whole number as needed.)

 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"