Group of answer choices µ< $650,000 µ ≤$650,00 µ > $650,000 µ≥ $650,000      The p-value  is  Group of answer choices 0.8766 0.8812 0.1188 0.1234         A Type I error would be to conclude: Group of answer choices

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Author:Amos Gilat
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20-22 fast please

Questions 20-22 refer to the following:

West Marin County includes the Golden Gate National Recreation Area, the Pt. Reyes National Seashore, four other parks and a number of small towns near the epicenter of the 1906 earthquake. In the area, a sample of 31 homes were selling for prices that averaged $643,000 with a standard deviation of $33,000. A friend believes the mean selling price to be at least $650,000. He conducts a hypothesis test.

  1. What is the correct alternate hypothesis?
Group of answer choices
µ< $650,000
µ ≤$650,00
µ > $650,000
µ≥ $650,000
 
 

 The p-value  is 

Group of answer choices
0.8766
0.8812
0.1188
0.1234
 
 
 
 
A Type I error would be to conclude:
Group of answer choices
The population mean is less than $650,000 when actually it is at least $650,000.
The population mean is at least $650 000 when actually it is less than $650,000.
The population mean is equal to $650,000 when actually it is not equal to $650,000.
The population mean is more than $650,000 when actually it is less than $650,000 .
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