A Computer Package Was Used to Generate the Following Printout

Essay

A computer package was used to generate the following printout for estimating the mean sale price of homes in a particular neighborhood.

$\begin{array}{rl}X=&\text { saleprice }\\\\\text {SAMPLE MEAN OF X} =&46300 \\\text {SAMPLE STANDARD DEV } =&13747 \\ \text {SAMPLE SIZE OF X} =&25 \\\text {CONEIDENCE}=& 90 \\\\\text { UPPER LIMIT }= & 51003.90 \\\text { SAMPLE MEAN OF X }= & 46300 \\\text { LOWER LIMIT }= & 41596.10\end{array}$

A friend suggests that the mean sale price of homes in this neighborhood is $47,000. Comment on your friend's suggestion.