A computer package was used to generate the following printout for estimating the sale price...
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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 44 000 Comment on your friend s suggestion Click the icon to view the printout A Your friend is correct and you are 100 certain O B Your friend is correct and you are 90 certain C Based on this printout all you can say is that the mean sale price mig D Your friend is wrong and you are 90 certain Printout X sale price SAMPLE MEAN OF X 46 400 SAMPLE STANDARD DEV 1 SAMPLE SIZE OF X 15 CONFIDENCE 90 UPPER BOUND 52 650 6 SAMPLE MEAN OF X 46 400 LOWER BOUND 40 149 4
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