Multiple Choice
A computer package was used to generate the following printout for estimating the mean sale price of homes in a particular neighborhood. A friend suggests that the mean sale price of homes in this neighborhood is $49,000. Comment on
Your friendʹs suggestion.
A) Your friend is correct, and you are 100% certain.
B) Your friend is wrong, and you are 95% certain.
C) Your friend is correct, and you are 95% certain.
D) Based on this printout, all you can say is that the mean sale price might be $49,000.
Correct Answer:

Verified
Correct Answer:
Verified
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