The asking price for homes on the real estate market in Baltimore has a mean value of $286,455 and a standard deviation of $11,200. Based on this, a home with an asking price of $203,400 has a standardized value of:

The asking price for homes on the real estate market in Baltimore has a mean value of $286,455 and a standard deviation of $11,200. Based on this, a home with an asking price of $203,400 has a standardized value of:

a. 1.00

b. essentially zero.

c. 3.33

d. None of the above.

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