During an economic crisis, the average value of homes in a community of 36 homes lost $9347 with a standard deviation of $1400. The average home value in the region lost $8880. Was this community of 36 homes unusual? Use a t-test todecide if the average loss observed was significantly different from the region value. Use a level of significance a = 0.05.Identify the hypotheses for the test.Ho: uHA:The test statistic is.(Round to two decimal places as needed.)The P-value is(Round to three decimal places as needed.)What is the conclusion of the test? Was the average loss observed significantly different from the region value?V the null hypothesis because the P-value isV than the given significance level, and conclude that the loss of home values in this communityappear to be unusual.

Given information Hypothesized mean µ = $8880 Sample size (n) = 36 Mean x̅ = $9347 Standard…

During an economic crisis, the average value of homes in a community of 36 homes lost $9347 with a standard deviation of $1400. The average home value in the region lost $8880. Was this community of 36 homes unusual? Use a t-test to decide if the average loss observed was significantly different from the region value. Use a level of significance a = 0.05. Identify the hypotheses for the test. Họ: u v HA: VO The test statistic is. (Round to two decimal places as needed.) The P-value is. (Round to three decimal places as needed.) What is the conclusion of the test? Was the average loss observed significantly different from the region value? V the null hypothesis because the P-value is V than the given significance level, and conclude that the loss of home values in this community V appear to be unusual.

During an economic crisis, the average value of homes in a community of 36 homes lost $9347 with a standard deviation of $1400. The average home value in the region lost $8880. Was this community of 36 homes unusual? Use a t-test to decide if the average loss observed was significantly different from the region value. Use a level of significance a = 0.05. Identify the hypotheses for the test. Họ: u v HA: VO The test statistic is. (Round to two decimal places as needed.) The P-value is. (Round to three decimal places as needed.) What is the conclusion of the test? Was the average loss observed significantly different from the region value? V the null hypothesis because the P-value is V than the given significance level, and conclude that the loss of home values in this community V appear to be unusual.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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