Cost of Building a Home According to the National Association of Home Builders, the average cost of building a home in the Northeast is s117.91 per square foot. A random sample of 38 new homes indicated that the mean cost was s123.87 and the population standard deviation was s17. Can it be concluded that the mean cost differs from s117.91, using the o.10 level of significance? Part 1 of 5 Find Part: 2 Part 3 of 5 Compute the test value. Always round z score values to at least two decimal places.

MATLAB: An Introduction with Applications
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Cost of Building a Home According to the National Association of Home
Builders, the average cost of building a home in the Northeast is s117.91 per
square foot. A random sample of 38 new homes indicated that the mean cost
was $123.87 and the population standard deviation was $17. Can it be concluded
that the mean cost differs from s117.91, using the o.10 level of significance?
Part 1 of 5
Find
Part: 25
Part 3 of 5
Compute the test value. Always round z score values to at least two decimal
places.
Transcribed Image Text:Cost of Building a Home According to the National Association of Home Builders, the average cost of building a home in the Northeast is s117.91 per square foot. A random sample of 38 new homes indicated that the mean cost was $123.87 and the population standard deviation was $17. Can it be concluded that the mean cost differs from s117.91, using the o.10 level of significance? Part 1 of 5 Find Part: 25 Part 3 of 5 Compute the test value. Always round z score values to at least two decimal places.
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