A Computer Package Was Used to Generate the Following Printout $$X=\text { sale price }$$

question 101

Multiple Choice

A computer package was used to generate the following printout for estimating the mean sale price of homes in a particular neighborhood. $$X=\text { sale price }$$
$$\begin{array}{r}\text {SAMPLE MEAN OF X \( =\quad 46,400 \) }\\\text {SAMPLE STANDARD DEV \( =13,747 \) }\\\text {SAMPLE SIZE OF X \( =15 \) }\\\text {CONFIDENCE \( =\quad 98 \) }\\\\\text {UPPER LIMIT \( =\quad 55,713.8 \) }\\\text {SAMPLE MEAN OF \( X=46,400 \) }\\\text {LOWER LIMIT \( =37.086 .2 \) } \end{array}$$
At what level of reliability is the confidence interval made?

• A) 98%
• B) 2%
• C) 49%
• D) 51%

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