Answered step-by-stepThe average sales price of single-family houses in Mooresville is...
The average sales price of single-family houses in Mooresville is $345,000 with a standard deviation of $15,000. A random sample of 80 single-family houses in Mooresville is selected. Let X¯ represent the mean sales price of the sample. Find the mean and standard deviation of X¯.
A.μx¯=345000,σx¯=1500080
B.μx¯=345000,σx¯=1500080
C.μx¯=345000,σx¯=34500080
D.μx¯=34500080,σx¯=15000
Answer & Explanation
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