places alue = a = 0.05 for the level of significance, and state your conclusion. Reject Ho. There is a statistically significant difference between the national average time to sell a home and the-mean time to sell a home in Greene County. Reject Ho. There is not a statistically significant difference between the national average time to sell a home and the mean time to sell a home in Greene County. Do not reject Ho. There is a statistically significant difference between the national average time to sell a home and the mean time to sell a home in Greene County. Do not reject Ho. There is not a statistically significant difference between the national average time to sell a home and the mean time to sell a home in Greene County. oose the correct option. Select your answer - = Icon Key LOuestion 18 of 0 ? Aa étv NOV

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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Question
of 20 ►
According to the National Association of Realtors, it took an average of three weeks to sell a home in 2017. Data for the sale of 40 randomly selected homes
sold in Greene County, Ohio, in 2017 showed a sample mean of 3.6 weeks with a sample standard deviation of 2 weeks. Conduct a hypothesis test to determine
whether the number of weeks until a house sold in Greene County differed from the national average in 2017. Round your answer to four decimal places.
p-value =
Use a = 0.05 for the level of significance, and state your conclusion.
I. Reject Ho. There is a statistically significant difference between the national average time to sell a home and the-mean time to sell a home in Greene
County.
II. Reject Ho. There is not a statistically significant difference between the national average time to sell a home and the mean time to sell a home in Greene
County.
III. Do not reject Ho. There is a statistically significant difference between the national average time to sell a home and the mean time to sell a home in Greene
County.
IV. Do not reject Ho. There is not a statistically significant difference between the national average time to sell a home and the mean time to sell a home in
Greene County.
Choose the correct option.
- Select your answer -
0= Icon Key
Ouastion 18 of 20
?
Aa
li 2 A
tv
NOV
Transcribed Image Text:of 20 ► According to the National Association of Realtors, it took an average of three weeks to sell a home in 2017. Data for the sale of 40 randomly selected homes sold in Greene County, Ohio, in 2017 showed a sample mean of 3.6 weeks with a sample standard deviation of 2 weeks. Conduct a hypothesis test to determine whether the number of weeks until a house sold in Greene County differed from the national average in 2017. Round your answer to four decimal places. p-value = Use a = 0.05 for the level of significance, and state your conclusion. I. Reject Ho. There is a statistically significant difference between the national average time to sell a home and the-mean time to sell a home in Greene County. II. Reject Ho. There is not a statistically significant difference between the national average time to sell a home and the mean time to sell a home in Greene County. III. Do not reject Ho. There is a statistically significant difference between the national average time to sell a home and the mean time to sell a home in Greene County. IV. Do not reject Ho. There is not a statistically significant difference between the national average time to sell a home and the mean time to sell a home in Greene County. Choose the correct option. - Select your answer - 0= Icon Key Ouastion 18 of 20 ? Aa li 2 A tv NOV
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