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According to the census bureau publication: current construction reports, the mean price of new mobile homes...

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Statistics

According to the census bureau publication: current constructionreports, the mean price of new mobile homes is 63,500. The standarddeviation of the prices is 5,500.

a). For samples 100 new mobile homes, determine the mean andstandard deviation of all possible sample mean prices (hint: findu-x and o-x)

b). Repeat part a for samples of size 200

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