Mathematics, 19.03.2021 04:10 jasmine2531

In a certain city, the true average house price is $157,000 with a standard deviation of $8,765. A real estate agent who does not know this, would like to estimate the average house price by taking a sample of size 114 houses. (a) Suppose that many samples of size 114 were taken. For each sample, the average house price is computed, y. What value would you expect for the average of these y's

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In a certain city, the true average house price is $157,000 with a standard deviation of $8,765. A r...