At the a 01 level of significance do these data dispute


A realtor's newsletter lists the average price of a house in a metropolitan area as $100,000. A random sample of 50 house prices in the metropolitan area yielded = $120,000 and s = $47,000. At the α = .01 level of significance, do these data dispute the listing in the realtor's newsletter? What is the p-value?

Solution Preview :

Prepared by a verified Expert
Basic Statistics: At the a 01 level of significance do these data dispute
Reference No:- TGS02665805

Now Priced at $10 (50% Discount)

Recommended (93%)

Rated (4.5/5)