A real estate agency says that the mean home sales price in City A is the same as in City B. The mean home sales price for 20 homes in City A is $127,450. Assumethe population standard deviation is $25,877. The mean home sales price for 20 homes in City B is $112,277. Assume the population standard deviation is $27,112.At a = 0.01, is there enough evidence to reject the agency's claim? Complete parts (a) through (d) below.O B.The mean home sales price in City A is greater than as in City B.O C. The mean home sales price in City A is less than in City B.O D. The mean home sales price in City A is not the same as in City B.Let City A be sample 1 and let City B be sample 2. Identify Ho and H.Ho: H1 = H2Hai H1H2(b) Find the critical value(s) and identify the rejection region. Select the correct choice below and fill in the answer box within your choice.(Round to two decimal places as needed.)O A. The critical values are zo = +O B. The critical value is zo =

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Answered: A real estate agency says that the mean…

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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Pyramid Lake is on the Paiute Indian Reservation in Nevada. The lake is famous for cutthroat trout. Suppose a friend tells you that the average length of trout caught in Pyramid Lake is ? = 19 inches. However, a survey reported that of a random sample of 51 fish caught, the mean length was x = 18.6 inches, with estimated standard deviation s = 2.9 inches. Do these data indicate that the average length of a trout caught in Pyramid Lake is less than ? = 19 inches? Use ? = 0.05. i-What is the value of the sample test statistic? (Round your answer to three decimal places.)
An agronomist measured the height of 134 canola plants. The mean height was 214 cm and the standard deviation was 16 cm. Calculate the standard error of the mean.
On average, Upstate Chevrolet sells 20 cars each week, with a standard deviation of 2. How many cars sold represents 2 standard deviations above the mean? Answer How many cars sold represent 1 standard deviation below the mean? Answer Approximately 68% will fall between Answer and Answer . Approximately 99.7% will fall between Answer and Answer . What is the probability that the car lot will sell at least 18 cars? Answer % What is the probability that a car lot will sell at most 26 cars? Answer %
The daily water usage per person in Davao City is normally distributed with a mean of 20 gallons and a standard deviation of 5 gallons. About 68% of the daily water usage per person in Davao City lies between what two values?
3. The distribution of passenger vehicle speeds traveling on the Interstate 5 Freeway (I-5) in California is nearly normal with a mean of 72.6 miles/hour and a standard deviation of 4.78 miles/hour. a. What percent of passenger vehicles travel slower than 80 miles/hour? What percent of passenger vehicles travel between 60 and 80 miles/hour? B. How fast do the fastest 5% of passenger vehicles travel? C. The speed limit on this stretch of the I-5 is 70 miles/hour. Approximate what percentage of the passenger vehicles travel above the speed limit on this stretch of the I-5.
Pyramid Lake is on the Paiute Indian Reservation in Nevada. The lake is famous for cutthroat trout. Suppose a friend tells you that the average length of trout caught in Pyramid Lake is ? = 19 inches. However, a survey reported that of a random sample of 51 fish caught, the mean length was x = 18.6 inches, with estimated standard deviation s = 3.1 inches. Do these data indicate that the average length of a trout caught in Pyramid Lake is less than ? = 19 inches? Use ? = 0.05. a) Estimate the P-value. select one:P-value > 0.0100.0010 < P-value < 0.010 0.250 < P-value < 0.00100.125 < P-value < 0.250P-value < 0.125 b) Sketch the sampling distribution and show the area corresponding to the P-value. c) will you reject or fail to reject the null hypothesis? Are the data statistically significant at level ??At the ? = 0.05 level, we reject the null hypothesis and conclude the data are statistically significant.At the ? = 0.05 level, we reject the null hypothesis and…
Question Annual sales (in million taka) by a chain shop are provided below.Year201020112012201320142015201620172018Sales6812181513161210(a) Estimate first order autocorrelation function ?(1) and use this to comment on the properties of the time series.(b) Obtain forecast for the year 2019 from the trend model ?̂?=5.48+4.52?−0.50?2.
The average monthly sales of 2500 firms are normally distributed with mean $30000 and standard deviation of $15000. Find the number of firms with sales below $35000.
The time is takes a studen to walk from the dorn to the chemistry lab follows roughly a Normal distrubtion with a mean of 20 minutes and a stardard deviation of 3 minutes. What porportion of students is faster than 15 minutes when walking from the dorm to the chemistry lab?
Suppose the distribution of heights of a group of 300 children is normal, with a mean of 150 centimeters and a standard deviation of 12 centimeters. About how many of these children are taller than 162 centimeters? children
If the mean of a set score is 65 and the standard deviation is 15, what is the zscore of a person whose raw score is 50?

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