prices of houses in the US is strongly skewed to the right with a mean of $383,500 and a standard deviation of $289,321. A real estate agent takes a random sample of 30 houses and records the mean price. What is the best description for the sampling distribution? skewed to the right with a mean of 383,500 and a standard deviation of 52,823 skewed to the right with a mean of 383,500 and a standard deviation of 289,321 approximately Normal

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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The prices of houses in the US is strongly skewed to the right with a mean of $383,500 and a standard deviation of $289,321. A real estate agent takes a random sample of 30 houses and records the mean price. What is the best description for the sampling distribution?

skewed to the right with a mean of 383,500 and a standard deviation of 52,823
skewed to the right with a mean of 383,500 and a standard deviation of 289,321
approximately Normal with a mean of 383,500 and a standard deviation of 52,823
approximately Normal with a mean of 383,500 and a standard deviation of 289,321
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