Assessed Land Values A reporter hypothesizes that the average assessed values of land in a large city have changed during a 5-year period. A random sample of wards is selected, and the data (in millions of dollars) are shown. At a = 0.05, can it be concluded that the average taxable assessed values have changed? Use the P-value method. Ward A BCD EFGHI JKLMNOP 1994 18441422 99 116492450282 25 14145 12379 17 1999 161 38222109120522850 2974014856 2038 9 19 Source: Pittsburgh Tribune-Review. a.State the hypotheses and identify the claim. b.Find the critical value(s). c.Compute the test value. d.Make the decision. e.Summarize the results.
Assessed Land Values A reporter hypothesizes that the average assessed values of land in a large city have changed during a 5-year period. A random sample of wards is selected, and the data (in millions of dollars) are shown. At a = 0.05, can it be concluded that the average taxable assessed values have changed? Use the P-value method. Ward A BCD EFGHI JKLMNOP 1994 18441422 99 116492450282 25 14145 12379 17 1999 161 38222109120522850 2974014856 2038 9 19 Source: Pittsburgh Tribune-Review. a.State the hypotheses and identify the claim. b.Find the critical value(s). c.Compute the test value. d.Make the decision. e.Summarize the results.
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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Transcribed Image Text:Assessed Land Values A reporter hypothesizes that the average assessed values of land in a large city
have changed during a 5-year period. A random sample of wards is selected, and the data (in
millions of dollars) are shown. At a = 0.05, can it be concluded that the average taxable assessed
values have changed? Use the P-value method.
Ward A
BCD
EFGH
JKLMNOP
1994 18441422 99 11649245028225 14145 1237 9 17
1999 16138222109120522850 2974014856 2038919
Source: Pittsburgh Tribune-Review.
a.State the hypotheses and identify the claim.
b.Find the critical value(s).
c.Compute the test value.
d.Make the decision.
e.Summarize the results.
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