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Mathematics, 15.04.2020 00:57 Satoetoe24
The housing market has recovered slowly from the economic crisis of 2008. Recently, in one large community, realtors randomly sampled 45 bids from potential buyers to estimate the average loss in home value. The sample showed the average loss was $9411 with a standard deviation of $1505.
a. Find a 99% confidence interval for the mean loss in value per home.
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