The average price per square foot for a home in a large county in a certain state is $225. The council of a country town wonders if the mean price of the homes in their town is less than the mean price of the homes in the county. The town counc selected a random sample of 9 homes that have recently sold in their town. They ound the price per square foot and want to perform a hypothesis test at the x= 0.05 significance level. The data is listed below. 221.4 213.1 219.1 229.6 220.7 224.4 221.6 217.8 223.9 1. Calculate the test statistic and the P-value. 2. What is the decision at the given significance level? 3. What do you conclude?

The average price per square foot for a home in a large county in a certain state is $225. The council of a country town wonders if the mean price of the homes in their town is less than the mean price of the homes in the county. The town counc selected a random sample of 9 homes that have recently sold in their town. They ound the price per square foot and want to perform a hypothesis test at the x= 0.05 significance level. The data is listed below. 221.4 213.1 219.1 229.6 220.7 224.4 221.6 217.8 223.9 1. Calculate the test statistic and the P-value. 2. What is the decision at the given significance level? 3. What do you conclude?

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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