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Sales Prices of Baseball Cards from the 1960s Are Known

Question 61

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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

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