A recent house sold for $200,000 in your neighborhood. Knowing the average selling price for a house in your neighborhood is $150,000 and the standard deviation of $25,000. Do agree that the recently sold house was overpriced compared to other homes sold in your neighborhood?

Group of answer choices

Yes, the recently sold house was greater than the average price

Cant be determined with the given information

No, the recently sold house was within the expected empirical range

Yes, the recently sold house was less than the average price

2.

For two variables, a positive correlation coefficient indicates

Group of answer choices

a linear relationship exists for which one variable increases as the other also increases

a nonlinear relationship with no linear correlation between the two variables

a linear relationship exists for one variable that increases while the other decreases

that the two variables have no linear relationship with each other

3.

According to the empirical rules of standard deviation in statistics, approximately 68% of the observations will fall within one standard deviations of the mean

Group of answer choices

True

False