Please help me with (b). A report announced that the median sales price of new h
ID: 3071048 • Letter: P
Question
Please help me with (b).
A report announced that the median sales price of new houses sold one year was $211,000, and the mean sales price was $272,000. Assume that the standard deviation of the prices is S80,000. Complete parts (a) through (d) below. A. The sampling distribution is skewed to the right, but less skewed to the right than the population. O B. The sampling distribution will be approximately normal. O C. The sampling distribution will be approximately uniform. O D. The sampling distribution will depend on the specific sample and will not have a constant shape (b) If you select samples of n 100, describe the shape of the sampling distribution of X Choose the correct answer below. 0 A. The sampling distribution will be approximately normal. O B. The sampling distribution is skewed to the right, but lessed skew to the right than the population. O C. The sampling distribution will depend on the specific sample and will not have a constant shape. O D. The sampling distribution will be approximately uniform.Explanation / Answer
Ans-
A) The sampling distribution will be approximately normal.
we can estimate the answer by counting the number of sample means out of 100.
which is standardize normal distribution.