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In: Statistics and Probability

The mean value of land and buildings per acre from a sample of farms is $1600...

The mean value of land and buildings per acre from a sample of farms is $1600 , with a standard deviation of $200. The data set has a bell shaped distribution. Use the empirical rule and estimate the percent of farms whose land and building values per acre are between $1000 and $2200

a. 68%

b. 99.7%

c. 95%

d. 88.9%

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