Data were collected from the sale of 25 properties by a local ...

[sheilaspns]

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 H_a.
◦ 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.

[momo1250]

A FREE account is required to view all solutions! Click to Register

Login with Facebook Login with Google Login with Email

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.

Answer Preview

Only 45% of students answer this correctly

[sheilaspns]

Excellent

[skipfourms123]

Thanks for the timely response, appreciate it