Exercise

More on sampling distribution of prices

Do the same thing, but now create a vector called sample_means150 to store means of samples of size 150.

Describe the shape of this sampling distribution, and compare it to the sampling distribution for a sample size of 50. Based on this sampling distribution, what would you guess to be the mean sale price of homes in Ames?

Instructions

100 XP

Create sample_means150 and populate it with the means of 5000 samples of size 150.
Finish with drawing histograms of both sample_means50 and sample_means150.

Take Hint (-30 XP)