6. A real-estate agent compares the selling prices of homes in a municipality in southwestern PA compared to the average selling price of a home in PA($125,000)to see if there is a difference. The results of her study are shown. Is there enough evidence to reject the claim that the average cost of a home in Scott Township is different than the average population price in PA? Scott: Xbar = $123, 430 standard deviation = 3702 n = 25 a. What interval method will you use to create your interval and why? b. Create a 95% confidence interval. ( c. Create a hypothesis test at alpha = 0.05 testing the claim that the average cost of a home in Scott Township is different than the average population price in PA. Do you accept or reject the null hypothesis? *State the null and alternative hypothesis. *Calculate the test statistic *Draw the normal curve with boundary values for the one or two sided test.

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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6a
6. A real-estate agent compares the selling prices of homes
in a municipality in southwestern PA compared to the average
selling price of a home in PA($125,000)to see if there is a
difference. The results of her study are shown. Is there enough
evidence to reject the claim that the average cost of a home in
Scott Township is different than the average population price in
PA?
Scott: Xbar = $123, 430 standard deviation = 3702 n
= 25
a. What interval method will you use to create your interval
and why??
b. Create a 95% confidence interval. (
c. Create a hypothesis test at alpha = 0.05 testing the claim
that the average cost of a home in Scott Township is different
than the average population price in PA . Do you accept or reject
the null hypothesis?
*State the null and alternative hypothesis.
*Calculate the test statistic
*Draw the normal curve with boundary values for the one
or two sided test.
*Clearly state of you accept or reject the null hypothesis.
Transcribed Image Text:6. A real-estate agent compares the selling prices of homes in a municipality in southwestern PA compared to the average selling price of a home in PA($125,000)to see if there is a difference. The results of her study are shown. Is there enough evidence to reject the claim that the average cost of a home in Scott Township is different than the average population price in PA? Scott: Xbar = $123, 430 standard deviation = 3702 n = 25 a. What interval method will you use to create your interval and why?? b. Create a 95% confidence interval. ( c. Create a hypothesis test at alpha = 0.05 testing the claim that the average cost of a home in Scott Township is different than the average population price in PA . Do you accept or reject the null hypothesis? *State the null and alternative hypothesis. *Calculate the test statistic *Draw the normal curve with boundary values for the one or two sided test. *Clearly state of you accept or reject the null hypothesis.
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