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1. Review the data and for the purpose of this project please consider the 100 listing prices as a population.
Explain what your computed population mean and population standard deviation were. 2. Divide the 100 listing prices into 10 samples of n=10 each. Each of your 10 samples will tend to be random if the first sample includes houses 1 through 10 on your spreadsheet, the second sample consists of houses 11 through 20, and so on.
Compute the mean of each of the 10 samples and list them: 3. Compute the mean of those 10 means.
Explain how the mean of the means is equal, or not, to the population mean of the 100 listing prices from above.
Draw a graph that compares the success rate
Describe the distribution of the x-bars that you see in part b (shape of distribution, center, and the amount of dispersion).
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