A report announced that the median sales price of new houses sold one year was $

Question

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 $80,000 Complete parts (a) through (d) below. (a) If you select samples of n-2, describe the shape of the sampling distribution of Choose the correct answer 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. OC. 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.

Explanation / Answer

option a

the sampling distributions is skewed to the right as mean>median but less skewed than the population as we have taken 2 samples ..

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