Sales Prices of Baseball Cards from the 1960s Are Known

Multiple Choice

Sales prices of baseball cards from the 1960s are known to possess a right skewed distribution with a mean sale price of $5.25 and a standard deviation of $2.80. Suppose a random sample of
100 cards from the 1960s is selected. Describe the sampling distribution for the sample mean sale
Price of the selected cards.

A) Right skewed with a mean of $5.25 and a standard error of $2.80
B) Normal with a mean of $5.25 and a standard error of $0.28
C) Right skewed with a mean of $5.25 and a standard error of $0.28
D) Normal with a mean of $5.25 and a standard error of $2.80