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TABLE 7-2 The Mean Selling Price of New Homes in a Small

Question 81

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

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