Instruction 7.2 The Mean Selling Price of New Homes in a Country

Multiple Choice

Instruction 7.2
The mean selling price of new homes in a country town over a year was $115,000. The population standard deviation was $25,000. A random sample of 100 new home sales from this town was taken.
-Referring to Instruction 7.2,without doing the calculations,state in which of the following ranges the sample mean selling price is most likely to lie?

A) $116,000 - $118,000
B) $113,000 - $115,000
C) $115,000 - $117,000
D) $114,000 - $116,000