Use the Following to Answer Questions

Multiple Choice

Use the following to answer questions :
The Eagle Ridge Contractors Association claims the average price of a home in their subdivision is $125,150 with a standard deviation of $7,350. A sample of 36 homes for sale in this subdivision had an average selling price of $123,550. The Eagle Ridge Home Owners Association is interested in knowing if the costs of homes for sale in this subdivision are actually lower than claimed?
-Compute the test value?

A) -1.31
B) 1.31
C) -1.52
D) 1.52