The following normal probability plot was constructed using data on the price of seven 2015 Honda Accords with automatic transmissions that were listed for sale within 25 miles of the zip code 19383 (from autotrader.com, search conducted on September 24, 2016). For purposes of this exercise, you may assume that this sample is representative of 2015 Honda Accord prices in this area. Based on the normal probability plot, is it reasonable to think that the distribution of 2015 Honda Accord prices in this area is approximately normal? Explain.

Transcribed Image Text:

25,000 20,000 15,000 10,000 5,000 1.5 1.0 0.5 0.0 0.5 1.0 1.5 Normal score Price