1. The monthly rents for studio apartments in a certain city have a mean of $920 and a standard deviation of $190. Random samples of size 25 are drawn from the population and the mean of each sample is determined.

What is the mean of the indicated sampling distribution of sample means?

2. What is the standard error of the indicated sampling distribution of sample means?

3. Which one is more likely to take place?

a. Find one studio apartment that has a rent between $901 and $939.

b .Find a sample of 25 studio apartments with a mean rent between $901 and $939.