Cost of Building a Home According to the National Association of Home Builders, the average cost of build- ing a home in the Northeast is $117.91 per square foot. A random sample of 36 new homes indicated that the mean cost was $122.57 and the standard deviation was $20. Can it be concluded that the mean cost differs from $117.91, using the 0.10 level of significance?
Cost of Building a Home According to the National Association of Home Builders, the average cost of build- ing a home in the Northeast is $117.91 per square foot. A random sample of 36 new homes indicated that the mean cost was $122.57 and the standard deviation was $20. Can it be concluded that the mean cost differs from $117.91, using the 0.10 level of significance?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 7PPS
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