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Suppose the null hypothesis is rejected. State the conclusion based on the results of the test.   Three years​ ago, the mean price of a​ single-family home was ​$243,721. A real estate broker believes that the mean price has increased since then.   Which of the following is the correct​ conclusion?     A. There is notis not sufficient evidence to conclude that the mean price of a​ single-family home has increasedincreased.   B. There isis sufficient evidence to conclude that the mean price of a​ single-family home has increasedincreased.   C. There is notis not sufficient evidence to conclude that the mean price of a​ single-family home has not changed.   D. There is sufficient evidence to conclude that the mean price of a​ single-family home has not changed.

Suppose the null hypothesis is rejected. State the conclusion based on the results of the test.   Three years​ ago, the mean price of a​ single-family home was ​$243,721. A real estate broker believes that the mean price has increased since then.   Which of the following is the correct​ conclusion?     A. There is notis not sufficient evidence to conclude that the mean price of a​ single-family home has increasedincreased.   B. There isis sufficient evidence to conclude that the mean price of a​ single-family home has increasedincreased.   C. There is notis not sufficient evidence to conclude that the mean price of a​ single-family home has not changed.   D. There is sufficient evidence to conclude that the mean price of a​ single-family home has not changed.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 16HP
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Question
Suppose the null hypothesis is
rejected.
State the conclusion based on the results of the test.
 
Three years​ ago, the mean price of a​ single-family home was
​$243,721.
A real estate broker believes that the mean price has
increased
since then.
 
Which of the following is the correct​ conclusion?
 
 
A.
There
is notis not
sufficient evidence to conclude that the mean price of a​ single-family home has
increasedincreased.
 
B.
There
isis
sufficient evidence to conclude that the mean price of a​ single-family home has
increasedincreased.
 
C.
There
is notis not
sufficient evidence to conclude that the mean price of a​ single-family home has not changed.
 
D.
There
is
sufficient evidence to conclude that the mean price of a​ single-family home has not changed.
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