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A real estate agent wishes to estimate the mean number of dayson the market of a

ID: 2952664 • Letter: A

Question

A real estate agent wishes to estimate the mean number of dayson the market of all houses sold in the last two years in a county.To do so, she examines the sales data of fifty randomly selectedhouses sold in that period. The population of interest to the agentis: a.) All the houses sold in the county during the last twoyears b.) All the houses sold that were not in the sample c.) All the Houses sold except the fifty in the sample d.) none of the above Could you also Explain how you arrived at the answer.Thanks! A real estate agent wishes to estimate the mean number of dayson the market of all houses sold in the last two years in a county.To do so, she examines the sales data of fifty randomly selectedhouses sold in that period. The population of interest to the agentis: a.) All the houses sold in the county during the last twoyears b.) All the houses sold that were not in the sample c.) All the Houses sold except the fifty in the sample d.) none of the above Could you also Explain how you arrived at the answer.Thanks!

Explanation / Answer

A population is all items with the characteristic you want tostudy. The question gives you thedescription "all houses sold in the last two years in a county", sothere it is
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