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Author Question: A small town claims that it needs rezoning to accommodate its current growth. The town wants to ... (Read 56 times)

Triley39

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A small town claims that it needs rezoning to accommodate its current growth. The town wants to re-designate a current residential area as commercial. To gain approval from the zoning commission, it must show that the commercial taxes paid in this area are significantly higher, on average, than those paid in other residentially zoned areas. A random sample of 16 dwellings in standard residential areas (sample 1) yields an average commercial tax of $25,000 with a standard deviation of $11,000. A sample of 15 dwellings in the “rezoned” area (sample 2) has an average commercial tax of $55,800 with a standard deviation of $2500. Does it appear that the town should rezone this area? Assume that the populations in question are both normal and have unequal variance. Select the appropriate critical value (CV), test statistic (TS), decision, and conclusion. (Useα= 0.05).

CV = 1.7459; TS = –10.58; fail to rejectH0; Conclusion: The town should not rezone the area.


CV = –1.7459; TS = –10.90; rejectH0;;Conclusion: The town should rezone the area.


CV = –1.6991; TS = –10.58; rejectH0; Conclusion: The town should not rezone the area.


CV = –1.6991; TS = –10.90; fail to rejectH0; Conclusion: The town should rezone the area.



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Marked as best answer by Triley39 on Feb 26, 2023

ALuthy

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Triley39

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Reply 2 on: Feb 26, 2023
YES! Correct, THANKS for helping me on my review


cassie_ragen

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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