State the Properties of Student S T-Distribution
-A Computer Package $\$ 49,000$

question 64

Multiple Choice

State the Properties of Student s t-Distribution
-A computer package was used to generate the following printout for estimating the sale price of condominiums in a particular neighborhood.



A friend suggests that the mean sale price of homes in this neighborhood is $\$ 49,000$ . Comment on your friend's suggestion.

• A) Based on this printout, all you can say is that the mean sale price might be \(\$ 49,000\).
• B) Your friend is wrong, and you are \(95 \%\) certain.
• C) Your friend is correct, and you are \(95 \%\) certain.
• D) Your friend is correct, and you are \(100 \%\) certain.

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