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)
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ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
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Chapter5: A Survey Of Other Common Functions
Section5.4: Combining And Decomposing Functions
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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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