Cost of Building a Home According to the National Association of Home Builders, the average cost of building a home in the Northeast is $117.91 per square foot. A random sample of 42 new homes indicated that the mean cost was $124.51 and the population standard deviation was $16. Can it be concluded that the mean cost differs from $117.91, using the 0.01 level of significance? Part 1 of 5 State the hypotheses and identify the claim with the correct hypothesis. Ho:H H₁ H # Part: 1/5 = Part 2 of 5 ▼ $117.91 not claim This hypothesis test is a two-tailed Y test. ▼ 117.91 claim X Find the critical value(s). Round the answer to two decimal places. If there is more than one critical value, separate them with commas. Critical value(s): + ▼ S ▼

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Cost of Building a Home According to the National Association of Home Builders, the average cost of building a home in the Northeast is $117.91 per square
foot. A random sample of 42 new homes indicated that the mean cost was $124.51 and the population standard deviation was $16. Can it be concluded that the
mean cost differs from $117.91, using the 0.01 level of significance?
Part 1 of 5
State the hypotheses and identify the claim with the correct hypothesis.
Ho:μ
H₁:4 H
Part: 1/5
=
This hypothesis test is a two-tailed ▼ test.
Part 2 of 5
S 117.91 not claim
$117.91 claim
0.0.... +
Find the critical value(s). Round the answer to two decimal places. If there is more than one critical value, separate them with commas.
Critical value(s):
X
▼
S
▼
Transcribed Image Text:Cost of Building a Home According to the National Association of Home Builders, the average cost of building a home in the Northeast is $117.91 per square foot. A random sample of 42 new homes indicated that the mean cost was $124.51 and the population standard deviation was $16. Can it be concluded that the mean cost differs from $117.91, using the 0.01 level of significance? Part 1 of 5 State the hypotheses and identify the claim with the correct hypothesis. Ho:μ H₁:4 H Part: 1/5 = This hypothesis test is a two-tailed ▼ test. Part 2 of 5 S 117.91 not claim $117.91 claim 0.0.... + Find the critical value(s). Round the answer to two decimal places. If there is more than one critical value, separate them with commas. Critical value(s): X ▼ S ▼
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