Answer:
c. Skewed-right with a mean of $5.25 and a standard error of$0.28
Step-by-step explanation:
As we have given that Sales prices of baseball cards have a right-skewed distribution with a mean $5.25 and a standard deviation is $2.80.
Now, We know that if standard deviation = σ
then, standard error =
As, we have standard deviation = $2.80
then standard error will be
⇒ Standard error = $0.28
Hence, Option (c) is the correct option.
This point is below both the red diagonal line and the blue parabola. We know that the set of solution points is below both due to the "less than" parts of each inequality sign.
In contrast, a point like (2,2) is above the parabola which is why it is not a solution. It does not make the inequality true. So this is why we can rule choice A out.
Choice C is not a solution because (4,1) does not make true. This point is not below the red diagonal line. We can cross choice C off the list.
Choice D is similar to choice A, which is why we can rule it out as well.