a) State the null and alternative hypotheses in words. b) State the null and alternative hypotheses symbolically. (c) Explain what it would mean to make a Type I error. (d) Explain what it would mean to make a Type Il error.
a) State the null and alternative hypotheses in words. b) State the null and alternative hypotheses symbolically. (c) Explain what it would mean to make a Type I error. (d) Explain what it would mean to make a Type Il error.
MATLAB: An Introduction with Applications
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Author:Amos Gilat
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question: i point(s) poSsIble
Three years ago, the mean price of an existing single-family home was $243,732. A real estate broker believes that existing home prices in her neighborhood are lower.
(a) State the null and alternative hypotheses in words.
(b) State the null and alternative hypotheses symbolically.
(c) Explain what it would mean to make a Type I error.
(d) Explain what it would mean to make a Type Il error.
B. The mean price of a single family home in the broker's neighborhood is different from $243,732.
OC. The mean price of a single family home in any neighborhood is $243,732.
O D. The mean price of a single family home in the broker's neighborhood is less than $243,732.
State the alternative hypothesis in words. Choose the correct answer below.
O A. The mean price of a single family home in the broker's neighborhood is less than $243,732.
O B. The mean price of a single family home in any neighborhood is $243,732.
OC. The mean price of a single family home in the broker's neighborhood is $243,732.
O D. The mean price of a single family home in the broker's neighborhood is different from $243,732.
(b) State the hypotheses symbolically.
Ho:
= $ 243732
< $ 243732
(Type integers or decimals. Do not round.)
(c) What would it mean to make a Type I error?
The broker
rejects
the hypothesis that the mean price is
equal to
$, when the true mean price is
equal to
(Type integers or decimals. Do not round.)
(d) What would it mean to make a Type Il error?
$, when the true mean price is
less than
The broker fails to reject the hypothesis that the mean price is
(Type integers or decimals. Do not round.)
less than
(1,1)
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Transcribed Image Text:Jonsenb
question: i point(s) poSsIble
Three years ago, the mean price of an existing single-family home was $243,732. A real estate broker believes that existing home prices in her neighborhood are lower.
(a) State the null and alternative hypotheses in words.
(b) State the null and alternative hypotheses symbolically.
(c) Explain what it would mean to make a Type I error.
(d) Explain what it would mean to make a Type Il error.
B. The mean price of a single family home in the broker's neighborhood is different from $243,732.
OC. The mean price of a single family home in any neighborhood is $243,732.
O D. The mean price of a single family home in the broker's neighborhood is less than $243,732.
State the alternative hypothesis in words. Choose the correct answer below.
O A. The mean price of a single family home in the broker's neighborhood is less than $243,732.
O B. The mean price of a single family home in any neighborhood is $243,732.
OC. The mean price of a single family home in the broker's neighborhood is $243,732.
O D. The mean price of a single family home in the broker's neighborhood is different from $243,732.
(b) State the hypotheses symbolically.
Ho:
= $ 243732
< $ 243732
(Type integers or decimals. Do not round.)
(c) What would it mean to make a Type I error?
The broker
rejects
the hypothesis that the mean price is
equal to
$, when the true mean price is
equal to
(Type integers or decimals. Do not round.)
(d) What would it mean to make a Type Il error?
$, when the true mean price is
less than
The broker fails to reject the hypothesis that the mean price is
(Type integers or decimals. Do not round.)
less than
(1,1)
More
MacBook Pro
G Search or type URL
esc
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