Multiple Choice
A survey was conducted by the market research department of the National Real Estate Company among 500 prospective buyers in a large metropolitan area to determine the maximum price a prospective buyer would be willing to pay for a house. From the data collected, the distribution that follows was obtained. Compute the standard deviation of the maximum price (in thousands of dollars) that these buyers were willing to pay for a house. Round the answer to the nearest integer.
Maximum Price Considered,
A)
B)
C)
D)
E)
Correct Answer:

Verified
Correct Answer:
Verified
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