Question
Suppose there is an estate sale featuring many items sold at different prices. The mean selling price of the items is 75 dollars, and the
Suppose there is an estate sale featuring many items sold at different prices. The mean selling price of the items is 75 dollars, and the standard deviation is 20. A piece of costume jewelry is priced at 15 dollars. Which of the following statements is true?
Select the correct answer below:
The price of the costume jewelry is 6 standard deviations to the right of the mean.
The price of the costume jewelry is 3 standard deviations to the right of the mean.
The price of the costume jewelry is 6 standard deviations to the left of the mean.
The price of the costume jewelry is 3 standard deviations to the left of the mean.
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