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The mean value of land and buildings per acre from a sample of farms is $1200, with a standard deviation of $200. The da

Posted: Wed May 11, 2022 2:41 pm
by answerhappygod
The Mean Value Of Land And Buildings Per Acre From A Sample Of Farms Is 1200 With A Standard Deviation Of 200 The Da 1
The Mean Value Of Land And Buildings Per Acre From A Sample Of Farms Is 1200 With A Standard Deviation Of 200 The Da 1 (19.5 KiB) Viewed 19 times
The mean value of land and buildings per acre from a sample of farms is $1200, with a standard deviation of $200. The data set has a bell-shaped distribution. Assume the number of farms in the sample is 76. a (a) Use the empirical rule to estimate the number of farms whose land and building values per acre are between $1000 and $1400. farms (Round to the nearest whole number as needed.) (b) If 28 additional farms were sampled, about how many of these additional farms would you expect to have land and building values between $1000 per acre and $1400 per acre? farms out of 28 (Round to the nearest whole number as needed.)