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Which of the following is the correct conclusion? O A. There is sufficient evidence to conclude that the mean price of a single-family home has decreased. O B. There is not sufficient evidence to conclude that the mean price of a single-family home has decreased. O C. There is sufficient evidence to conclude that the mean price of a single-family home has not changed. O D. There is not sufficient evidence to conclude that the mean price of a single-family home has not changed.

Which of the following is the correct conclusion? O A. There is sufficient evidence to conclude that the mean price of a single-family home has decreased. O B. There is not sufficient evidence to conclude that the mean price of a single-family home has decreased. O C. There is sufficient evidence to conclude that the mean price of a single-family home has not changed. O D. There is not 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
Section10.4: Distributions Of Data
Problem 19PFA
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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 $243,743. A real estate broker believes that the mean price has decreased since then. Which of the following is the correct conclusion? A. There is sufficient evidence to conclude that the mean price of a single-family home has decreased. B. There is not sufficient evidence to conclude that the mean price of a single-family home has decreased. O C. There is sufficient evidence to conclude that the mean price of a single-family home has not changed. O D. There is not sufficient evidence to conclude that the mean price of a single-family home has not changed.
Transcribed Image Text: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 $243,743. A real estate broker believes that the mean price has decreased since then. Which of the following is the correct conclusion? A. There is sufficient evidence to conclude that the mean price of a single-family home has decreased. B. There is not sufficient evidence to conclude that the mean price of a single-family home has decreased. O C. There is sufficient evidence to conclude that the mean price of a single-family home has not changed. O D. There is not sufficient evidence to conclude that the mean price of a single-family home has not changed.
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