a. The 98% confidence interval is (___,___)
b. Interpret the confidence interval. Select the correct
choice below and fill in the answer boxes to complete your
choice.
A.We are 98% confident that new houses are worth,
on average, between $__and $__.
B.We are 98% confident that new construction is worth,
on average, $__ to $__ less than old.
C.We are 98% confident that the value of new construction is
declining between $__ and $__per year.
D.We are 98% confident that new construction is worth,
on average, $__ to $__more than old.
600- 500- 400- 아 Sale Prices ($1000) 300- 200- 100- Old New
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