Rebecca is a real estate agent who would like to find evidence supporting the claim that the population mean market value of houses in the neighborhood where she works is greater than $250,000. To test the claim, she randomly selects 35 houses in the neighborhood and finds that the sample mean market value is $259,860 with a sample standard deviation of $24.922. The test statistic t for a hypothesis test of H0 : μ = 250.000 versus Ha : μ > 250.000 is t 2.34 , which has 34 degrees of freedom. If 0.01 A) Fail to reject the null hypothesis that the true population mean market value of houses in the neighborhood where Rebecca works is equal to $250,000.
B) Reject the null hypothesis that the true population mean market value of houses in the neighborhood where Rebecca works is equal to $250,000.
C) There is enough evidence at the α-: 0.05 level of significance to support the claim that the true population mean market value of houses in the neighborhood where Rebecca works is greater than $250,000.
D) There is not enough evidence at the α-_ 0.05 level of significance to suggest that the true population mean market value of houses in the neighborhood where Rebecca works is not equal to $250,000.

Answers

Answer 1

Answer:

There is enough evidence at the α-: 0.05 level of significance to support the claim that the true population mean market value of houses in the neighborhood where Rebecca works is greater than $250,000.

Step-by-step explanation:

We are given that Rebecca randomly selects 35 houses in the neighborhood and finds that the sample mean market value is $259,860 with a sample standard deviation of $24.922.

Let \(\mu\) = population mean market value of houses in the neighborhood.

So, Null Hypothesis, \(H_0\) : \(\mu\) = $250,000      {means that the population mean market value of houses in the neighborhood where she works is equal to $250,000}

Alternate Hypothesis, \(H_A\) : \(\mu\) > $250,000      {means that the population mean market value of houses in the neighborhood where she works is greater than $250,000}

The test statistics that would be used here One-sample t-test statistics because we don't know about population standard deviation;

                              T.S. =  \(\frac{\bar X-\mu}{\frac{s}{\sqrt{n} } }\)  ~ \(t_n_-_1\)

where, \(\bar X\) = sample mean market value = $259,860

            s = sample standard deviation = $24,922

            n = sample of houses = 35

So, the test statistics  =  \(\frac{259,860-250,000}{\frac{24,922}{\sqrt{35} } }\)  ~ \(t_3_4\)

                                     =  2.34

The value of t-test statistic is 2.34.

Also, P-value of the test statistics is given by;

            P-value = P(\(t_3_4\) > 2.34) = 0.0137

            

Since our P-value is less than the level of significance as 0.0137 < 0.05, so we have sufficient evidence to reject our null hypothesis as it will fall in the rejection region due to which we reject our null hypothesis.

Therefore, we conclude that the population mean market value of houses in the neighborhood where she works is greater than $250,000.


Related Questions

What is the round trip distance in miles from city 1 to city 3?
15
30
50
70

Answers

The round trip distance in miles from city 1 to city 3 is given as follows:

30 miles.

How to obtain the round trip distance?

The matrix corresponding to the distances between each of the cities is given by the image presented at the end of the answer.

Looking at row 1, column 3, we have that the distance from city 1 to city 3 is of 15 miles.

For the round trip distance, we have to go back from city 3 to city 1, more 15 miles, hence the distance is given as follows:

2 x 15 = 30 miles.

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What is the round trip distance in miles from city 1 to city 3?15305070

Answer of question 3 pls

Answer of question 3 pls

Answers

The highest point for the quadratic function for the height of the object, h(t) = -16·t² + 224·t + 816, indicates that the interval over which the height of the object is increasing is; (-∞, 7]

What is the shape of the graph of a quadratic function?

The shape of the graph of a quadratic function is a parabola.

The function for the height of the object in question 3 is; h(t) = -16·t² + 224·t + 816

Where;

t = The time in seconds

The height of the object is increasing in the interval to the left of the highest point, which can be found as follows;

The x-coordinate of the highest point of the quadratic function, f(x) = a·x² + b·x + c is; x = -b/(2·a)

Therefore, the x-coordinates of the highest point of the object is; -224/(2 × (-16)) = 7

Therefore, the height of the object is increasing in the interval; -∞ < t ≤ 7

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Meryl pays £400 into her sister's South African bank account. How much ister receive if the current exchange​

Answers

Answer:

8232 South African Rand

Step-by-step explanation:

The question cuts off at "if the current exchange" so the exchange rate is not specified. At the time of writing this answer, the echnage rate from one sterling pound to South African Rand is 1=20.58. So, we just need to multiply 20.58*400 to get 8232.

HELPPP PLSSSSSSSSS
There are 15 players on the basketball team. The cost of traveling to a tournament
is $650 plus $75 per player. If the team has a $1500 budget for this tournament,
how many of the 15 players can go? Write an inequality and solve the problem.

Answers

650+($75•15)

1500-650=950

950/75=12

12 players can attend


4,7,14,49, next number is what

Answers

I’m pretty sure you keep multiplying

m + m + m + m = 4 + m

Answers

Answer:

4m=4+m

4m-m=4

3m=4

m=4/3

hope this helps:)))

In a​ week, 12 hens laid 84 eggs. What is the unit rate for eggs per​ hen?

Answers

Answer:

7 eggs per hen

Step-by-step explanation:

There were 84 eggs laid between the 12 hens. That means the 84 eggs are split among the 12 hens. 84 divided by 12 = 7.

whats 7x in algebraic expression

Answers

Coefficient is the correct answer

Point P=(1,2) partitions the segment from E=(9,6) to F in a 2:5 ratio. Find the coordinates of point F.

Answers

A pair of numbers defining the position of a point on a two-dimensional plane .

Try this Drag the point A. As you drag note the two numbers that define its position on the plane.

Given that ABCD is a rectangle, find the perimeter of the figure below. Round your answer to the nearest tenth. *
Options
18 ft

19.7 ft

21 ft

24.4 ft

Given that ABCD is a rectangle, find the perimeter of the figure below. Round your answer to the nearest

Answers

9514 1404 393

Answer:

  (b) 19.7 ft

Step-by-step explanation:

The perimeter of the figure is the sum of the lengths of the 3 straight sides and half the circumference of a 3-ft circle.

  P = 6 + 3 + 6 + (1/2)(π)(3) = 15 +3/2π ≈ 19.712 . . . feet

The perimeter is about 19.7 feet.

e perimeter of a rectangle is 28 meters, and the diagonal is 10 meters,

what is the area?​

Answers

Answer:

The rectangle's area is 48 square meters

Step-by-step explanation:

Recall that the perimeter of a rectangle of base b and height h is given by the formula:

Perimeter = 2 b + 2 h

we know that the perimeter is 28 meters, then we can create our first equation;

2 b + 2 h = 28

which means:

2 (b + h) = 28

b + h = 28/2

b + h = 14

the tell us that the diagonal is 10 meters, so we use the Pythagorean theorem to write a second equation using the rectangle's base, height, and diagonal (which form in between the three a right angle triangle where the hypotenuse is the rectangle's diagonal:

\(h^2+b^2=10^2=100\)

So, we can use the equation :  b + h = 14 to write one variable in terms of the other one and use it as substitution in the second (quadratic) equation:

h = 14 - b

then:

\(h^2+b^2=100\\(14-b)^2+b^2=100\\14^2-28\,b+b^2+b^2=100\\2\,b^2-28\,b+196-100=0\\2\,b^2-28\,b+96=0\\b^2-14\,b+48=0\)

which we have reduced at the end by dividing both sides by 2.

we can use factoring to solve these equation;

\(b^2-14\,b+48=0\\b^2-6\,b-8\,b+48=0\\b\,(b-6)-8\,(b-6)=0\\(b-6)\,(b-8)=0\)

Se we find two possible solutions: b = 6 m or b = 8 m

If we call b = 8 m, then the height becomes h = 14 - (8) = 6 m

and viceversa.

So a rectangle with such dimensions will render an area that equals :

Area = b x h = 8 x 6 = 48 square meters.

3,998-(-7)= can you please help me with this problem

Answers

Answer:

4005

Step-by-step explanation:

3,998 - (-7) = ?

Two negative signs will make a positive sign.

3,998 - (-7) = 3998 + 7 = 4005

So, the answer is 4005

pls help PLS PLS PLS PLS
20 POINTS

pls help PLS PLS PLS PLS 20 POINTS

Answers

Answer:

Step-by-step explanation:

X squared over 6

+

2x cubed over 3

Answer:

x^2/6 + 2x^3/3

Step-by-step explanation:

I used (m)athway to simplify the expression

which of the following represents a function​

which of the following represents a function

Answers

Answer:

Second option

Step-by-step explanation:

For a set to represent a function, each input value in the set domain should match with one and only one output value of set range.

The option that follows this rule os second option as 1 is matched with 2 only, and 3 is matched with 3 only, and 5 is matched with 7 only.

I buy 4 5/8 blue fabric and 2 1/8 green fabric how much blue than green did i buy

Answers

Answer:

2.5

Step-by-step explanation:

We Know

You buy 4 5/8 blue fabric and 2 1/8 green fabric .

4 5/8 = 37/8 = 4.625 blue fabric

2 1/8 = 17/8 = 2.125 green fabric

How much blue than green did you buy?

We Take

4.625 - 2.125 = 2.5

So, you buy 2.5 blue more than green.

Please help. What is the solution to this system of equations using the linear combination method? {5x+y=24x+y=5 (0, 2) begin ordered pair 0 comma 2 end ordered pair. (−3, 17) begin ordered pair negative 3 comma 17 end ordered pair. (1, −8) begin ordered pair 1 comma negative 8 end ordered pair. (−2, 12)

Answers

8+8=24 that's the answer ndndmdmdmdmsm 123456$890

What is the solution to this inequality?
15 + x 24
O A. x 39
O B. X29
O C. XS 39
O D. XS9

What is the solution to this inequality?15 + x 24O A. x 39O B. X29O C. XS 39O D. XS9

Answers

The solution of the inequality will be;

⇒ x ≤ 9

What is Inequality?

A relation by which we can compare two or more mathematical expression is called an inequality.

Given that;

The inequality is,

⇒ 15 + x ≤ 24

Now,

Since, The inequality is,

⇒ 15 + x ≤ 24

Solve the inequality as;

⇒ 15 + x ≤ 24

Subtract 15, we get;

⇒ 15 + x - 15 ≤ 24 - 15

⇒ x ≤ 9

Thus, The solution of the inequality will be;

⇒ x ≤ 9

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If electricity is billed at a rate of $0.75 per KWH and you used on average 120 KWHs per month, what would you expect to pay each month?

Answers

You would expect to pay $90 each month for electricity based on an average usage of 120 KWHs per month.

How to find the expected monthly pay

To calculate the monthly cost of electricity, you can multiply the average number of kilowatt-hours (KWH) used per month by the cost per KWH.

Given:

Cost per KWH: $0.75

Average monthly usage: 120 KWHs

To find the monthly cost, you can multiply the cost per KWH by the average monthly usage:

Monthly Cost = Cost per KWH * Average monthly usage

Plugging in the values, we have:

Monthly Cost = $0.75/KWH * 120 KWHs

Calculating the result:

Monthly Cost = $90

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Find the probability of each event.
1) An archer has a 25% chance of hitting the
bullseye on a target. What is the
probability that the archer will hit the
bullseye exactly three out of five times?

Answers

Answer: Don’t listen to the other comment it’s a scam. It’s 15 percent. Or 0.15

Step-by-step explanation:

Two cards are drawn from a deck of 52 cards. The first card is replaced before drawing the second card. Find the probability that the first card is red and the second card is a 7

Answers

The probability that the first card is red and the second card is a 7 is 1/26.

What is the probability?

Probability determines the chances that an event would happen. The probability the event occurs is 1 and the probability that the event does not occur is 0.

Probability that the first card is a red and the second is a 7 = (number of red cards / total number of cards) x (number of 7 / total number of card)

Probability that the first card is a red and the second is a 7 = (26 / 52) x (4/52) = 1/26

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-0.4 K - 6 equals 1.2. Answer pls​

Answers

Answer:

K = -18

Step-by-step explanation:

-0.4K - 6 = 1.2

Isolate the variable and solve to get K = -18

WILL GIVE BRAINIEST what is the sum of the interior angles of the polygon shown below.

WILL GIVE BRAINIEST what is the sum of the interior angles of the polygon shown below.

Answers

Answer:

900

Step-by-step explanation:

(n-2)*180

5*180=900

Answer:

900°

Step-by-step explanation:

The polygon shown in the picture has 7 sides. The formula for finding the sum of interior angles of an n-gon is:

(n - 2)(180)

We can substitute in 7 for n to get the sum:

(7 - 2)(180)

(5)(180)

900°

A student was asked to give the exact solution to the equation
22x+4-9(2) = 0
The student's attempt is shown below:
22x+49(2)=0
22x+24-9(2) = 0
Let 2* = y
y²-9y+8=0
(y-8)(y-1)=0
y = 8 or y=1
So x = 3 or x = 0
(a) Identify the two errors made by the student.
(b) Find the exact solution to the equation.

Answers

(a) The errors made by the student are:

Incorrectly expanding 49(2) as 24 instead of 98.

Mistakenly factoring the quadratic equation as (y - 8)(y - 1) instead of

\(y^{2} - 9y + 8.\)

(b) The exact solution to the equation is x = 7/11.

(a) The student made two errors in their solution:

Error 1: In the step \("22x + 49(2) = 0,"\) the student incorrectly expanded 49(2) as 24 instead of 98. The correct expansion should be 49(2) = 98.

Error 2: In the step \("y^{2} - 9y + 8 = 0,"\) the student mistakenly factored the quadratic equation as (y - 8)(y - 1) = 0. The correct factorization should be \((y - 8)(y - 1) = y^{2} - 9y + 8.\)

(b) To find the exact solution to the equation, let's correct the errors made by the student and solve the equation:

Starting with the original equation: \(22x + 4 - 9(2) = 0\)

Simplifying: 22x + 4 - 18 = 0

Combining like terms: 22x - 14 = 0

Adding 14 to both sides: 22x = 14

Dividing both sides by 22: x = 14/22

Simplifying the fraction: x = 7/11

Therefore, the exact solution to the equation is x = 7/11.

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Select the correct answer. What is the fractional form of 0.02 ? A. 2/99 B. 1/11 C. 2/100 D. 1/12

Answers

Answer:

C) 2/100

Step-by-step explanation:

0.02 = 2/100

Answer:

It Is C

Step-by-step explanation:

Lucy buys a silver coat rack priced at $69.If the sales tax is 3%, how much tax will Lucy pay?

Answers

Answer:

ok, here is your answer

Step-by-step explanation:

If the sales tax is 3%, then the tax amount Lucy will pay on the silver coat rack priced at $69 would be:

Tax amount = 3% of $69

Tax amount = (3/100) * $69

Tax amount = $2.07

Therefore, Lucy will pay $2.07 in tax.

mark me as brainliest

Answer:

The final purchase price is 71.07

Step-by-step explanation:

First step is to determine the amount of tax:

69*3%

69 * .03

2.07

Now add the tax to the purchase price:

69+2.07

71.07

The final purchase price is 71.07

Solve Systems of Algebraic Equations in Two Variables
Hello I need some help on setting up 2 equations of this problem. The answers are cheeseburger costs $1.55 and the milkshake $0.85

Four cheeseburgers and two chocolate milkshakes cost a total of $ 7.90. Two
Shakes cost 15 cents more than a hamburger with
cheese so What is the price of a cheeseburger?
And the price of a shake?

Answers

Answer:

4c+ 2m = 7.90

2m -.15 = c

Step-by-step explanation:

Let c = cheese burger

m = milkshake

4c+ 2m = 7.90

2m -.15 = c

Substitute into the first equation

4( 2m -.15) +2m = 7.90

Distribute

8m -.6 +2m = 7.90

Combine like terms

10m - .6 = 7.90

Add .6 to each side

10m = 7.90+.6

10m = 8.50

Divide by m

10m = 8.50/10

m = .85

Now find c

2m -.15 = c

2(.85) - .15=c

1.70-.15 = c

1.55 =c

Give your answer in scientific notation using only WHOLE numbers.

Give your answer in scientific notation using only WHOLE numbers.

Answers

The number of pennies weighing as much s earth is  193 × 10²⁴

What are index forms?

Index forms are described as described as those forms that are used to represent numbers that are too large or small in more proper ways.

Other names for index forms are scientific notation and standard forms.

What is ratio?

Ratio is described as the comparison of numbers or variables on the basis of their size.

It shows how many times one number contains another.

From the information given, we have that;

The earth weighs = 5. 972 × 10 ²⁴ kilograms

The penny weighs = 3.1 × 10 ⁻³ kilograms

Divide the values

= 5. 972 × 10 ²⁴/3.1 × 10 ⁻³

= 1.93 × 10 ²⁶

= 193 × 10²⁴

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PART B—- Find the surface area of the figure. PLEASE HELP!!
Just part b!

PART B- Find the surface area of the figure. PLEASE HELP!!Just part b!

Answers

Answer:

24 ft^2

Step-by-step explanation:

Surface area is the total area on the surface of the figure.

One side of the cube is 4 ft^2 (2ft*2ft)

there are 6 sides.

4ft^2 * 6 sides is 24 ft^2

what is the volume of the rectangular pyramid shown? a square pyramid. the square base has side lengths 15 yards and the height is 12 yards.

Answers

The volume of the rectangular pyramid is 900 cubic yards.

The standard formula of the volume of the rectangular pyramid is written as

V = 1/3s²h

where s refers the base edge and h refers the height.

Here we have given that the square base has side lengths 15 yards and the height is 12 yards.

Now, we have to find the volume of the rectangular pyramid

As we know the the value of base edge is 15 yard and the height is 12 yards.

Now, we have to apply the values on the formula then we get,

=> V = 1/3 x 15² x 12

It can be simplified as,

=> V = 4 x 225

When we do the appropriate arithmetic operation, then we get,

=> V = 900 cubic yard.

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Three times two less than a number is greater than or equal to five times the number. Find all of the numbers that satisfy the given conditions.
Let n = a number. Choose the inequality that represents the given relationship.

Answers

The inequality I believe is 3(n-2) >5n

P.S Make sure to put a line under the inequality sign to represent greater than or equal to ;)

Answer:

D on edge

3(n – 2) ≥ 5n

Step-by-step explanation:

the next question's answer is  B

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