Home Prices A real estate agent compares the selling prices of homes in two municipalities in a certain location to see if there is a difference. The results of the study are shown. Is there enough evidence to reject the claim that the average cost of a home in both locations is the same? Use =α0.05 State the hypotheses and identify the claim. H0: Claim or Not a Claim H1: Claim or Not a Claim This hypothesis test is a one-tailed or two-tailed test Critical Value: Compute the test value. Round to at least 2 decimal places. z= Make the decision- reject or accept Summarize the results. City A City B =X1 $96,750 =X2 $98,250 =σ1 $5602 =σ2 $4731 =n139 =n237
Home Prices A real estate agent compares the selling prices of homes in two municipalities in a certain location to see if there is a difference. The results of the study are shown. Is there enough evidence to reject the claim that the average cost of a home in both locations is the same? Use =α0.05 State the hypotheses and identify the claim. H0: Claim or Not a Claim H1: Claim or Not a Claim This hypothesis test is a one-tailed or two-tailed test Critical Value: Compute the test value. Round to at least 2 decimal places. z= Make the decision- reject or accept Summarize the results. City A City B =X1 $96,750 =X2 $98,250 =σ1 $5602 =σ2 $4731 =n139 =n237
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter5: A Survey Of Other Common Functions
Section5.4: Combining And Decomposing Functions
Problem 12E: Average Traffic Spacing The headway h is the average time between vehicles. On a highway carrying an...
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Home Prices A real estate agent compares the selling prices of homes in two municipalities in a certain location to see if there is a difference. The results of the study are shown. Is there enough evidence to reject the claim that the average cost of a home in both locations is the same? Use
=α0.05
State the hypotheses and identify the claim.
H0: Claim or Not a Claim
H1: Claim or Not a Claim
This hypothesis test is a one-tailed or two-tailed test
Critical Value:
Compute the test value. Round to at least 2 decimal places. z=
Make the decision- reject or accept
Summarize the results.
City A | City B | |
---|---|---|
=X1
$96,750
|
=X2
$98,250
|
|
=σ1
$5602
|
=σ2
$4731
|
|
=n139
|
=n237
|
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