The crisis in the real estate market caused the listing prices of homes in certain areas to fall from previous years. A real estate office would like to sample 48 new listings randomly to test the hypothesis that the current listing price average is less than $244,000, the average in the previous year. Assume the standard deviation for the price of homes in this market is $45,000. Complete parts a through d below. a. Explain how Type I and Type II errors can occur in this hypothesis test. A Type I error can occur if the average listing price is rejected. $244,000 and the null hypothesis rejected. Type Il error can occur if the average listing price is $244,000 and the null hypothesis is not

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