Cost of Building a Home According to the National Association of HomeBuilders, the average cost of building a home in the Northeast is $117.91 persquare foot. A random sample of 38 new homes indicated that the mean costwas $121.83 and the population standard deviation was $21. Can it be concludedthat the mean cost differs from $117.91, using the 0.01 level of significance? State the hypotheses and identify the claim with the correct hypothesis.Hou (Choose one) $H₁:μ (Choose one) $(Choose one)(Choose one)This hypothesis test is a (Choose one) ▼ test.

The sample size is 38, sample mean is 121.83 and population standard deviation is 21.

Answered: Cost of Building a Home According to…

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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Similar questions

Considering salary of employee's in a company, the mean salary of managers is $102,000 per year. Is this number a statistic or parameter?
Choose the correct option and explain.
A primary measure of dispersion for sample data is the sample standard deviation, s. Choose the best option to explain what the meaning of the sample standard deviation is, in general. A. The distance between one observation and the mean. B. The average distance of an observation from the middle of the distribution. C. The average distance between observations in the sample. D. The distance between the third and first quartiles.
A normal distribution has a mean of 62 and a standard deviation of 17. What is the median?
The sample standard deviation is a measure of what?
Is a measure of 29 inches "far away" from a mean of 19 inches? Suppose the data come from a sample whose standard deviation is 2 inches. A. How many standard deviation is 29 inches from 19 inches? b. Is 29 inches far away from a mean of 19 inches? c. Suppose the standard deviation of the underlying data is 7 inches. Is 29 inches far away from a mean of 19 inches?
Can someone answer g.) h.) and i.) please?
The height of women ages 20-29 is normally distributed, with a mean of 63.8 inches. Assume o = 2.8 inches. Are you more likely to randomly select 1 woman with a height less than 65.2 inches or are you more likely to select a sample of 23 women with a mean height less than 65.2 inches? Explain. Click the icon to view page 1 of the standard normal table. Click the icon to view page 2 of the standard normal table. What is the probability of randomly selecting 1 woman with a height less than 65.2 inches? (Round to four decimal places as needed.)
The height of women ages 20-29 is normally distributed, with a mean of 64.4 inches. Assume o = 2.4 inches. Are you more likely to randomly select 1 woman with a height less than 65.3 inches or are you more likely to select a sample of 26 women with a mean height less than 65.3 inches? Explain. Click the icon to view page 1 of the standard normal table. Click the icon to view page 2 of the standard normal table. What is the probability of randomly selecting 1 woman with a height less than 65.3 inches? (Round to four decimal places as needed.) 4 What is the probability of selecting a sample of 26 women with a mean height less than 65.3 inches? (Round to four decimal places as needed.) ... Are you more likely to randomly select 1 woman with a height less than 65.3 inches or are you more likely to select a sample of 26 women with a mean height less than 65.3 inches? Choose the correct answer below. O A. It is more likely to select a sample of 26 women with a mean height less than 65.3…
A company wants to assess the average time it takes for customers to complete a particular task on their website. They collect the following data from a sample of 10 customers: 5, 6, 7, 8, 9, 10, 10, 11, 12, 13 minutes. Calculate the sample mean and standard deviation for this data.
the mean charge for satellite television for a sample of households was $87.50 per month, with a standard deviation of $14.50 per month. Estimate the percent of satellite television charges between $73.00 and $102.00
According to one study, the average hours of sleep on a weeknight for men was 6.9 hours with a standard deviation of 1.5 hours. These hours are normally distributed. c. Find the proportion of men who sleep between 6-8 hours per night. d. Find the number of hours that represents the 90th percentile.

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