Which of the following are correctly worded statements about the variable River_

Question

Which of the following are correctly worded statements about the variable River_List Price given the sample we have? Check all that apply. There may be more than one answer.

Date is here https://www.statcrunch.com/app/index.php?dataid=1288079&groupid=2407

We are 90% confident that the interval (402.754,531.515) covers the population mean list price of condos with a view.

There is a 95% chance that the population mean falls within $77,442 of $467,134.

There is a 90% chance that the population proportion is a value between $402,754 and $531,515.

We are 99% confident that the interval (389.692,544.576) covers the population proportion of condos with a view.

All of the above.

None of the above.

Explanation / Answer

with river

hence We are 90% confident that the interval (402.754,531.515) covers the population mean list price of condos with a view.

495 379 529 552.5 334.9 550 169.9 210 975 314 315 885 975 469 329 365 332 520 425 675 409 649 319 425 359 469 895 439 435 235 240 275 mean 467.1344 std deviation 214.7955 sample size 32 std error of mean=std deviaiton/(n)^0.5 37.97084 t 1.695519 LCL=mean-t*Std error 402.7541 UCL=mean+t*Std error 531.5146

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