4
QuizMultiple Choice

Introduction to Sampling Distributions — Quiz

Question 4 • Math 4

A real estate agent has 4 homes for sale: A, B, C, and D. Here are the listing prices. Home A: $150,000 Home B: $250,000 Home C: $190,000 Home D: $550,000 The agent wants to randomly select 2 of the 4 homes to show in an open house this coming weekend. This means the agent may show home A and B, A and C, A and D, B and C, B and D, or C and D. If homes A and B are selected, what is the sample mean listing price for this particular selection?

Answer
A
$400,000
B
$150,000
C
$250,000
D
$200,000
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