probability is about .95 that the 95% confidence interval will include the true population parameter. On the other hand, 2.5% of the time the highest value in the confidence interval will be smaller than the true value, while 2.5% of the time the smallest value in the confidence interval will be greater than the true value.
Set prices with room to move. Most people expect prices at garage sales to be just the starting price and are about 25% to 50% above the seller's (ie your) bottom-line price to allow for negotiating. The amount depends on the condition of the item and how much you are prepared to haggle.
In addition to listing the home on the MLS, advertise by putting up âfor saleâ signs, creating brochures, putting ads on Craigslist, and building a web site to market the property. FSBO.com offers home-selling packages for homeowners that begin at $69.95.