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A Computer Package Was Used to Generate the Following Printout

Question 77

Multiple Choice

A computer package was used to generate the following printout for estimating the mean sale price of homes in a particular neighborhood. A computer package was used to generate the following printout for estimating the mean sale price of homes in a particular neighborhood.   A friend suggests that the mean sale price of homes in this neighborhood is $49,000. Comment on Your friendʹs suggestion. A) Your friend is correct, and you are 100% certain. B) Your friend is wrong, and you are 95% certain. C) Your friend is correct, and you are 95% certain. D) Based on this printout, all you can say is that the mean sale price might be $49,000. A friend suggests that the mean sale price of homes in this neighborhood is $49,000. Comment on
Your friendʹs suggestion.


A) Your friend is correct, and you are 100% certain.
B) Your friend is wrong, and you are 95% certain.
C) Your friend is correct, and you are 95% certain.
D) Based on this printout, all you can say is that the mean sale price might be $49,000.

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