The mean value of land and buildings per acre from a sample of farms is $1200, w
ID: 3063196 • Letter: T
Question
The mean value of land and buildings per acre from a sample of farms is $1200, with a standard deviation of $300. building values per acre are given, are unusual (more than two standard deviations $771 $1987 $1288 $202 $910 $1555 The data set has a bell-shaped distribution. Using the empirical rule, determine which of the following farms, whose land from the mean) Are any of the data values very unusual (more than three standard deviations from the mean)? Which of the farms are unusual (more than two standard deviations from the mean)? Select all that apply A. S202 B. S010 c. S1987 D. S771 E. S1555 R $1288 Which of the farms are very unusual (more than three standard deviations from the mean)? Select all that apply. A. S202 B. $1288 C. $1987 D. $910 E. $1555 F. S771 G. None of the data values are very unusual.Explanation / Answer
Solution:-
=> options A.$202 and C.1987
Range of usual values: 1200 - 2*300 to 1200 + 2*300
: 600 to 1800
=> options A.$202 and G. None of the data values are very unusual
Range of usual values: 1200 - 3*300 to 1200 + 3*300
: 300 to 2100
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