# Question #ef40b

##### 1 Answer

answer in explanation,

#### Explanation:

a) I'll do this quick since you seem to know it,

**Mean**

**Mean**

b)

We can assume that as we get more samples our data will approximate a normal curve with a mean of 60430 and a

In a normal distribution, 99.7% of samples fall within 3 standard deviations of the mean. with numbers outside this usually being considered outliers.

This would suggest that the highest value possible would be,

**Mean**

This would be the highest price based on the sample.

You mentioned 2 standard deviations, so if that is what the question suggests is the highest than that would be,

**mean** .

Hope this helped even though it is a bit late.