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A Computer Package Was Used to Generate the Following Printout X=X =

Question 10

Multiple Choice

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

X=X = sale_price

SAMPLE MEAN OF X =46,300= 46,300
SAMPLE STANDARD DEV =13,747= 13,747
'SAMPLE SIZE OF X=15X = \quad 15
CONFIDENCE =95= \quad 95

UPPER LIMIT =53,913.6= \quad 53,913.6
SAMPLE MEAN OF X=46,300X = \quad 46,300
LOWER LIMIT =38,686.4= \quad 38,686.4

At what level of reliability is the confidence interval made?


A) 52.5%
B) 95%
C) 5%
D) 47.5%

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