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Author Question: Data were collected from the sale of 25 properties by a local real estate agent. The following ... (Read 39 times)

sheilaspns

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on: Feb 14, 2020

Question 1

Data were collected from the sale of 25 properties by a local real estate agent. The following printout concentrated on the land value variable from the sampled properties.

HYPOTHESIS: MEAN X = x



What is the correct conclusion when testing a greater-than alternative hypothesis at α = .01?
◦ Reject H0.
◦ Fail to reject H0.
◦ Fail to reject Ha.
◦ Accept H0.

Question 2

Data were collected from the sale of 25 properties by a local real estate agent. The following printout concentrated on the land value variable from the sampled properties.

HYPOTHESIS: MEAN X = x



What assumptions are necessary for any inferences derived from this printout to be valid?
◦ None. The Central Limit Theorem makes any assumptions unnecessary.
◦ The sampled data are approximately normal.
◦ The sample was selected from an approximately normal population.
◦ The sampling distribution of the sample mean is approximately normal.
Statistics ¦ McClave, Sincich, Tamarack ¦ 12th Edition
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Marked as best answer by sheilaspns on Feb 14, 2020

momo1250

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Reply #1 on: Feb 14, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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sheilaspns

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Reply 2 on: Feb 14, 2020
Great answer, keep it coming :)

gcook

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Reply 3 on: Yesterday
Excellent

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