A Computer Package Was Used to Generate the Following Printout $X =$

question 107

Multiple Choice

A computer package was used to generate the following printout for estimating the mean sale price of homes in a particular neighborhood. $X =$ sale_price

SAMPLE MEAN OF X $= \quad 46,600$
SAMPLE STANDARD DEV $= 13,747$
SAMPLE SIZE OF X $= \quad 15$
CONFIDENCE $= \quad 95$

UPPER LIMIT $= 54,213.60$
SAMPLE MEAN OF X $= \quad 46,600$
LOWER LIMIT $= 38,986.40$

A friend suggests that the mean sale price of homes in this neighborhood is $48,000. Comment on your friend's suggestion.

• A) Your friend is correct, and you are 100% certain.
• B) Your friend is correct, and you are 95% certain.
• C) Based on this printout, all you can say is that the mean sale price might be $48,000.
• D) Your friend is wrong, and you are 95% certain.

---

Definitions:

Char[][]

Represents a two-dimensional array of characters in programming.

Size

In programming or data structures, it refers to the number of elements an object contains or can hold.

SalesData

A collection of information related to the sales transactions of a product or service.

Array Index

The numerical position within an array, starting from 0, used to access or modify the value stored at that location.