A Realtor believes that the average house price in Mission Viejo, California, is more than $480 thousand. %media:11excel.png% Click here for the Excel Data File a. Select the null and the alternative hypotheses for the test. Ho: H=480,000; HA: M# 480,000 Ho: H≤ 480,000; HA: H>480,000 Ho: H≥ 480,000; HA: μ< 480,000 b. Calculate the p-value. Assume the population standard deviation is $100 (in $1,000s). (Round your answer to 4 decimal places.)
A Realtor believes that the average house price in Mission Viejo, California, is more than $480 thousand. %media:11excel.png% Click here for the Excel Data File a. Select the null and the alternative hypotheses for the test. Ho: H=480,000; HA: M# 480,000 Ho: H≤ 480,000; HA: H>480,000 Ho: H≥ 480,000; HA: μ< 480,000 b. Calculate the p-value. Assume the population standard deviation is $100 (in $1,000s). (Round your answer to 4 decimal places.)
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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![A Realtor believes that the average house price in Mission Viejo, California, is more than
$480 thousand.
%media:11excel.png% Click here for the Excel Data File
a. Select the null and the alternative hypotheses for the test.
Ho: H=480,000; HA: H# 480,000
Ho: H≤ 480,000; HA: > 480,000
Ho: ≥ 480,000; HA: H< 480,000
b. Calculate the p-value. Assume the population standard deviation is $100 (in
$1,000s). (Round your answer to 4 decimal places.)
p-value](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbf1f1c18-d90b-47b3-b475-a6f9897afc01%2Fe0ce3392-fc0d-415d-8717-2bfb4c231ff6%2Fjwn30fa_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A Realtor believes that the average house price in Mission Viejo, California, is more than
$480 thousand.
%media:11excel.png% Click here for the Excel Data File
a. Select the null and the alternative hypotheses for the test.
Ho: H=480,000; HA: H# 480,000
Ho: H≤ 480,000; HA: > 480,000
Ho: ≥ 480,000; HA: H< 480,000
b. Calculate the p-value. Assume the population standard deviation is $100 (in
$1,000s). (Round your answer to 4 decimal places.)
p-value
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