Home Prices in Pennsylvania A real estate agent claims that the average price of a home sold in Beaver County, Pennsylvania, is $60,000. A random sample of 36 homes sold in the county is selected, and the prices in dollars are shown. Is there enough evidence to reject the agent’s claim at a 0.05?

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter10: Sequences, Series, And Probability

Section10.8: Probability

Problem 38E

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Question

Home Prices in Pennsylvania A real estate agent
claims that the average price of a home sold in Beaver
County, Pennsylvania, is $60,000. A random sample of
36 homes sold in the county is selected, and the prices in
dollars are shown. Is there enough evidence to reject the
agent’s claim at a 0.05? Assume s $76,025.
9,500 54,000 99,000 94,000 80,000
29,000 121,500 184,750 15,000 164,450
6,000 13,000 188,400 121,000 308,000
42,000 7,500 32,900 126,900 25,225
95,000 92,000 38,000 60,000 211,000
15,000 28,000 53,500 27,000 21,000
76,000 85,000 25,225 40,000 97,000
284,000

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