The mean value of land and buildings per acre from a sample of farms is $1300, with a standard deviation of $200. The data set has a bell-shaped distribution. Using the empirical rule, determine which of the following farms, whose land and building values per acre are given, are unusual (more than two standard deviations from the mean). Are any of the data values very unusual (more than three standard deviations from the mean)? $912 $1883 $1369 $580 $1593 $1582
Which of the farms are unusual (more than two standard deviations from the mean)? Select all that apply.
A. $1593
B. $912
C. $1582
D. $1369
E. $1883
F. $580
Which of the farms are very unusual (more than three standard deviations from the mean)? Select all that apply.
A. $1883
B. $1593
C. $912
D. $1582
E. $1369
F. $580
G. None of the data values are very unusual.
95 % values lies between 2 standard deviation of the mean .
Mean -2 SD, Mean +2SD
1300-2*200, -1300+2*200
(900,1700)
Values E and F seems unusual because they are not lies within (900,1700)
99 % values lies between 3 standard deviation of the mean .
Mean -3 SD, Mean +2SD
1300-3*200, -1300+3*200
(700,1900)
Value F seems unusyy, because it is not lie in (700,1900)
The mean value of land and buildings per acre from a sample of farms is $1300,...
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the mean value of land and buildings per acre from sample of farms is 1300, with a standard deviation of $100. the data set has a bell shaped distriution. assume the number of farms in the sample is 76. use empirical rule
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The mean value of land and buildings per acre from a sample of farms is $1500, with a standard deviation of $200. The data set has a bell-shaped distribution. Assume the number of farms in the sample is 70. (a) Use the empirical rule to estimate the number of farms whose land and building values per acre are between $1100 and $1900. nothing farms (Round to the nearest whole number as needed.) (b) If 24 additional farms were sampled, about...