Cost of Building a Home According to the National Association of Home Builders, the average cost of building a home in the Northeast is $117.91 per square foot. A random sample of 42 new homes indicated that the mean cost was $124.51 and the population standard deviation was $16. Can it be concluded that the mean cost differs from $117.91, using the 0.01 level of significance? Part 1 of 5 State the hypotheses and identify the claim with the correct hypothesis. Ho:H H₁ H # Part: 1/5 = Part 2 of 5 ▼ $117.91 not claim This hypothesis test is a two-tailed Y test. ▼ 117.91 claim X Find the critical value(s). Round the answer to two decimal places. If there is more than one critical value, separate them with commas. Critical value(s): + ▼ S ▼
Cost of Building a Home According to the National Association of Home Builders, the average cost of building a home in the Northeast is $117.91 per square foot. A random sample of 42 new homes indicated that the mean cost was $124.51 and the population standard deviation was $16. Can it be concluded that the mean cost differs from $117.91, using the 0.01 level of significance? Part 1 of 5 State the hypotheses and identify the claim with the correct hypothesis. Ho:H H₁ H # Part: 1/5 = Part 2 of 5 ▼ $117.91 not claim This hypothesis test is a two-tailed Y test. ▼ 117.91 claim X Find the critical value(s). Round the answer to two decimal places. If there is more than one critical value, separate them with commas. Critical value(s): + ▼ S ▼
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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![Cost of Building a Home According to the National Association of Home Builders, the average cost of building a home in the Northeast is $117.91 per square
foot. A random sample of 42 new homes indicated that the mean cost was $124.51 and the population standard deviation was $16. Can it be concluded that the
mean cost differs from $117.91, using the 0.01 level of significance?
Part 1 of 5
State the hypotheses and identify the claim with the correct hypothesis.
Ho:μ
H₁:4 H
Part: 1/5
=
This hypothesis test is a two-tailed ▼ test.
Part 2 of 5
S 117.91 not claim
$117.91 claim
0.0.... +
Find the critical value(s). Round the answer to two decimal places. If there is more than one critical value, separate them with commas.
Critical value(s):
X
▼
S
▼](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5e4e5146-969d-4643-8e1a-977cd9815aba%2F058c1180-9a21-4086-a2e8-983b67095711%2Fj4e98e6_processed.jpeg&w=3840&q=75)
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 $117.91 per square
foot. A random sample of 42 new homes indicated that the mean cost was $124.51 and the population standard deviation was $16. Can it be concluded that the
mean cost differs from $117.91, using the 0.01 level of significance?
Part 1 of 5
State the hypotheses and identify the claim with the correct hypothesis.
Ho:μ
H₁:4 H
Part: 1/5
=
This hypothesis test is a two-tailed ▼ test.
Part 2 of 5
S 117.91 not claim
$117.91 claim
0.0.... +
Find the critical value(s). Round the answer to two decimal places. If there is more than one critical value, separate them with commas.
Critical value(s):
X
▼
S
▼
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