Instruction 7.2 The Mean Selling Price of New Homes in a Country

question 36

Short Answer

Instruction 7.2
The mean selling price of new homes in a country town over a year was $115,000. The population standard deviation was $25,000. A random sample of 100 new home sales from this town was taken.
-Referring to Instruction 7.2,what is the probability that the sample mean selling price was more than $110,000?

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