Mathematics, 27.03.2021 14:00 bbgirl8638

Suppose that 30% of all homes purchased in 2018 were considered investment properties. If a sample of 1000 homes sold in 2018 is obtained: a) Describe the 3 main components of the distribution of sample proportions (the mean, the standard deviation and the shape). b) Would it be unusual if more than 320 homes were purchased as investment properties? Hint: you need to find p-hat first.

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Suppose that 30% of all homes purchased in 2018 were considered investment properties. If a sample o...