TABLE 7-2
The mean selling price of new homes in a city over a year was $115,000. The population standard deviation was $25,000. A random sample of 100 new home sales from this city was taken.
-Referring to Table 7-2, what is the probability that the sample mean selling price was more than $110,000?

Question

Quizplus · Accepted Answer

The Answer of TABLE 7-2
The mean selling price of new homes in a city over a year was $115,000. The population standard deviation was $25,000. A random sample of 100 new home sales from this city was taken.
-Referring to Table 7-2, what is the probability that the sample mean selling price was more than $110,000?

TABLE 7-2 The Mean Selling Price of New Homes in a City