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Refer to the Real Estate data, which report information on homes sold in the Den

ID: 3396598 • Letter: R

Question

Refer to the Real Estate data, which report information on homes sold in the Denver, Colorado, area during the last year.

http://highered.mheducation.com/sites/0073401765/student_view0/data_sets.html

Refer to the Real Estate data, which report information on homes sold in the Denver, Colorado, area during the last year.

http://highered.mheducation.com/sites/0073401765/student_view0/data_sets.html

The mean distance from the center of the city is 14.629 miles with a standard deviation of 4.874 miles. Use the normal distribution to estimate the number of homes 18 or more miles but less than 22 miles from the center of the city. Compare this to the actual results.   Does the normal distribution yield a good approximation of the actual results?

Explanation / Answer

Refer to the Real Estate data, which report information on homes sold in the Den