Draw and label an appropriate sampling model for the mean

Reference no: EM131419789

Home values. Assessment records indicate that the value of homes in a small city is skewed right, with a mean of $140,000 and standard deviation of $60,000.

To check the accuracy of the assessment data, officials plan to conduct a detailed appraisal of 100 homes selected at random. Using the 68 - 95 - 99.7 Rule, draw and label an appropriate sampling model for the mean value of the homes selected.

Reference no: EM131419789

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