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

Multiple Choice

SCENARIO 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 Scenario 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