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

question 163

Essay

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 between $113,000 and $117,000?

---

Definitions:

Torrance Test

A series of standardized tests designed to measure creative thinking ability in individuals.

Creative Thinking

The ability to think outside the box and generate new, original, and innovative ideas or solutions.

Associative Elements

Components or factors that are linked through association in psychological processes, such as in learning and memory.

Intellectual Disability

A term used to describe a variety of developmental conditions characterized by significant limitations in both intellectual functioning and in adaptive behavior, which covers a range of everyday social and practical skills.