I need to know how to identify what test should be run on a Ti83 or 84 calculator 6. Data from the Nationalindicates that the mean price of a home inDenver, from April through June of 2012 was260.7 thousand dollars. A random sample of 50homes sold in 2013 had a mean price of 290.5thousand dollars.a. Assume the population standard deviation iso=$150,000. Can you conclude that the meanprice in 2013 differs from the mean price in Aprilthrough June of 2012? Use a 5% significancelevel.b. Following is a boxplot of the data. Explain why itis unreasonable to assume that the population isapproximately normally distributed.X X2004006008000c. Explain why the assumptions for the hypothesistest are satisfied even though the population is notnormal.

Name: I need to know how to identify what test should be run on a Ti83 or 84
Uploaded: 2024-03-20T07:07:12.000Z
Channel: Bartleby
Description: I need to know how to identify what test should be run on a Ti83 or 84 calculator 6. Data from the Nationalindicates that the mean price of a home inDenver, from April through June of 2012 was260.7 thousand dollars. A random sample of 50homes sold in

Ti 83/ 84 command STAT > TESTS > Z-TEST >Stats > enter the data (I have provided you the screenshot) > ok-------------------------------- _______________________________________ Test - stats (z) = 1.40 P-value = 0.1601 P-value > 0.05 So, Fail to reject Ho We can conclude that the Mean price is NOT significantly different from 260.7 ____________________________________ b) Because the box polt showing the data has outliers which means data is not Normally distributed ____________________________________________ c) Yes, n > 30 i.e n = 50 So, we can use the Central limit theorem (CLT) according to which any distribution can be approximated to normal dist. if n> 30