Essay
THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The mean selling price of new homes in a city over a year was $120,000.The population standard deviation was $28,000.A random sample of 100 new home sales from this city was taken.
-What is the probability that the sample mean selling price was more than $116,000?
Correct Answer:
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P( 
> 116,000)= P(Z ...View Answer
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Correct Answer:
Verified
> 116,000)= P(Z ...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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