Multiple Choice
TABLE 7-2
The mean selling price of new homes in a small town over a year was $115,000.The population standard deviation was $25,000.A random sample of 100 new home sales from this city was taken.
-Referring to Table 7-2,without doing the calculations,state in which of the following ranges the sample mean selling price is most likely to lie.
A) $113,000-$115,000
B) $114,000-$116,000
C) $115,000-$117,000
D) $116,000-$118,000
Correct Answer:

Verified
Correct Answer:
Verified
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