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Areal estate association for a specific city puts the average price at which a house was sold in a given year at $324,337. Assume
Areal estate association for a specific city puts the average price at which a house was sold in a given year at $324,337. Assume that the standard deviation of the house prices is $136,405. Suppose a researcher did a survey of a random selection of 40 house sale prices in this year and obtained an average house price of $371,749. What's the chance that such a survey would have resulted in an average price this high or higher? There is a chance that such a survey would have resulted in an average price this high or higher (Round to four decimal places as needed) Check answer
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