Akyoomshap

profiledtalor

Akyoomshap 

i have part two to that assingment if interested 

 

University of Phoenix Material                      

 

Sampling Distributions – Real Estate Part 2

 

Directions: Use the real estate data you used for your Week 2 learning team assignment. Analyze the data and explain your answers. 

 

 

  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.

 

 

 

 

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