2 more problems and ill be done plz help!!!! the mean value of land and buildings per acre from a sample of 75 farms is $1500, with a standard deviation of $200. the data set has a normal distribution. estimate the number of farms whose land and building values per acre are between $1100 and $1900. round to the nearest whole number as needed.
1100 is 2 standard deviations below the mean, 1900 2 stdev above. This means that approximately 95.4% of all sampled data falls within this range. 95.4% of 75 is 71.55; but obviously you can't have '0.55' of a farm, so I'd likely round to 72.
it said its the wrong answer :(
Then try 71?
its definitely 71 or 72
its 71 thank u so much!
Cool =)
what does a normal distribution mean? having discrete data?
how were you able to give a solid figure of 95.4%? thank you
Look up the normal distrubition and standard deviation, salini. The "bell-curve fit" shows how the data lies, and that 95.4% of it lies within two standard deviations of the mean. It's a common method used in statistics.
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