Some Real Estate Specialists Estimate That the Length of Time

question 3

Multiple Choice

Some real estate specialists estimate that the length of time people live in a house has a mean of 10 years and a standard deviation of 3 years.A random sample of 200 families was chosen and surveyed.Let
Represent the mean number of years that those families had lived in their house.Describe the sampling distribution model of this mean.

• A)Binom(10,3)
• B)N(10,1.5)
• C)N(10,3)
• D)N(10,0.12)
• E)There is not enough information to describe the distribution.

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Definitions:

Biological Factors

Components related to the biology and genetics of an organism that influence its characteristics, behaviors, and health.

Erik Erikson

A developmental psychologist known for his theory of psychosocial development, which outlines eight stages of life from infancy to adulthood.

Psychosocial Development

Explores how individual psychological development is influenced by social interactions and surroundings, encompassing changes in understanding oneself and society through lifespan.

Ego Identity

A sense of self or personal identity that develops through social interaction and becomes clear during adolescence, as described by Erik Erikson.