According to the Poduck Reality Association, the mean sales price for an existing one-room shack in


Question: According to the Poduck Reality Association, the mean sales price for an existing one-room shack in Poduck was less than $1250 in 1997, with a population standard deviation of $145. A recent random sample of 50 such one-room shacks gave a mean sales price of $1385. For a = 0.01, determine if the mean sales price is still less than $1250.

Price: $2.99
Solution: The solution file consists of 1 page
Solution Format: Word Document

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