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Description: A real estate developer is considering investing in a shopping mall on the outskirts of Klang Valley, Malaysia. Three parcels of land are being evaluated. Of importance is the income in the area surrounding the proposed mall. A random sample of four

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter11: Data Analysis And Probability

Section11.4: Collecting Data

Problem 5E

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A real estate developer is considering investing in a shopping mall on the outskirts of Klang Valley, Malaysia. Three parcels of land are being evaluated. Of importance is the income in the area surrounding the proposed mall. A random sample of four families is selected near each proposed mall. Following are the sample results. At the 0.05 significance level, can the developer conclude there is a difference in the mean income? Use the usual five-step hypothesis testing procedure.

Parcel Land Family	Puncak Alam (RM 000)	Rawang (RM 000)	Banting (RM 000)
1	64	74	75
2	68	71	80
3	70	69	76
4	60	70	78

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