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A Computer Package Was Used to Generate the Following Printout X= sale price X=\text { sale price }

Question 66

Multiple Choice

A computer package was used to generate the following printout for estimating the mean sale price of homes in a particular neighborhood. X= sale price X=\text { sale price }
SAMPLE MEAN OF X =46,400SAMPLE STANDARD DEV =13,747SAMPLE SIZE OF X =15CONFIDENCE =98UPPER LIMIT =55,713.8SAMPLE MEAN OF X=46,400LOWER LIMIT =37.086.2\begin{array}{r}\text {SAMPLE MEAN OF X \( =\quad 46,400 \) }\\\text {SAMPLE STANDARD DEV \( =13,747 \) }\\\text {SAMPLE SIZE OF X \( =15 \) }\\\text {CONFIDENCE \( =\quad 98 \) }\\\\\text {UPPER LIMIT \( =\quad 55,713.8 \) }\\\text {SAMPLE MEAN OF \( X=46,400 \) }\\\text {LOWER LIMIT \( =37.086 .2 \) } \end{array}
At what level of reliability is the confidence interval made?


A) 98%
B) 2%
C) 49%
D) 51%

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