The mean value of land and buildings per acre from a sample of farms is $1300, with a standard deviation of $200. The data se
t has a bell-shaped distribution. Assume the number of farms in the sample is 74.
(a) Use the empirical rule to estimate the number of farms whose land and building values per acre are between $1100 and $1500.
(a) Use the empirical rule to estimate the number of farms whose land and building values per acre are between $1100 and $1500.
1 answer:
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Answer:
see the explanation
Step-by-step explanation:
Let
x ----> the number of years since 2008,
g(x) ----> the percent of people 25 years and older who have completed at least high school
we know that
so
For x=15 years since 2008
substitute
That means
In the year 2023 (2008+15) the percent of people 25 and older completing at least high school will be 93.8%