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Report the lower bound of the 95% confidence interval of the population mean of Area. Give your answer to three decimal places.
A first home buyer is looking to purchase a property in this Melbourne suburb. She is only considering old houses that is small in size. What land area (or smaller than that area) should she consider if she would like to purchase a house that is amongst the 20% smallest properties in the market? Provide your answer in square metre unit, and only provide numerical answer. No need to input the unit.
Which of the following statement is false?
True or false: New houses tend to be smaller in land area.
What is the probability that a randomly selected respondent owns their property and intends to switch provider in the next six months? Provide your answer as a percentage and report it to two decimal places (e.g. xx.xx). You do not need to add the % sign.