Question 11 Write the number that corresponds to the correct answer. Conclude the test. 1. p-value = a therefore do not reject Ho 2. p-value a, therefore reject 4. p-value a, therefore do not reject Ho

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.7: Direct And Inverse Variation
Problem 36PS
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Question

apartment

 x1

x2

1

187

186

2

170

167

3

162

163

4

144

153

5

180

189

6

143

149

7

217

220

8

198

196

9

178

184

10

211

215

11

209

222

12

205

204

13

205

192

14

189

183

15

162

166

16

184

187

17

174

176

18

186

177

19

145

153

20

209

209

21

192

195

22

174

179

23

139

144

24

160

159

25

188

190

26

189

190

27

193

198

28

223

223

29

177

173

30

197

200

31

183

188

32

160

174

33

186

187

34

178

190

35

166

175

36

187

202

37

184

179

38

141

147

39

162

164

40

140

148

41

183

181

42

164

164

43

198

193

44

205

201

45

190

188

46

211

207

47

209

197

48

196

191

49

160

164

50

187

186

51

228

221

52

166

162

53

189

189

54

213

227

55

184

189

56

180

174

57

148

155

58

165

169

59

178

185

60

180

184

Exercise 2
Many times property value appraisers estimate the value of specific properties with minor or sometimes
major difference. A company that builds apartment buildings in Athens considers two appraisers, A and B.
who give an estimate of the sale price of their apartments. The sales department of the company has observed
that in most cases appraiser A gives smaller value estimates of their apartments. The company would like to
know if this is true for estimated values of apartments of other companies. Let X₁ be the appraisal value of
an apartment of other companies by appraiser A. Let X2 be the appraisal value of an apartment of other
companies by appraiser B. Also, let D=X₂-X₁. The company selected a random sample of apartments of
other companies. Let be the appraisal value of each apartment in the sample by appraiser A. Let *2 be
x
the appraisal value of each apartment in the sample by appraiser B. The measurements
thousands of euros and are given below. Let d=x₂-₁. At the 5% level of significance, do these data|
provide enough evidence to conclude that the mean estimation of the appraisal values of apartments by
appraiser A is smaller than the mean estimation of the appraisal values of apartments by appraiser B?
and are in
Transcribed Image Text:Exercise 2 Many times property value appraisers estimate the value of specific properties with minor or sometimes major difference. A company that builds apartment buildings in Athens considers two appraisers, A and B. who give an estimate of the sale price of their apartments. The sales department of the company has observed that in most cases appraiser A gives smaller value estimates of their apartments. The company would like to know if this is true for estimated values of apartments of other companies. Let X₁ be the appraisal value of an apartment of other companies by appraiser A. Let X2 be the appraisal value of an apartment of other companies by appraiser B. Also, let D=X₂-X₁. The company selected a random sample of apartments of other companies. Let be the appraisal value of each apartment in the sample by appraiser A. Let *2 be x the appraisal value of each apartment in the sample by appraiser B. The measurements thousands of euros and are given below. Let d=x₂-₁. At the 5% level of significance, do these data| provide enough evidence to conclude that the mean estimation of the appraisal values of apartments by appraiser A is smaller than the mean estimation of the appraisal values of apartments by appraiser B? and are in
Question 11 Write the number that corresponds to the correct answer.
Conclude the test.
1. p-value=a, therefore do not reject
Ho
2. p-value <a therefore do not reject Ho
3. p-value > a, therefore reject Ho
4. p-value <a, therefore reject Ho
5. p-value > a, therefore do not reject
Ho
Transcribed Image Text:Question 11 Write the number that corresponds to the correct answer. Conclude the test. 1. p-value=a, therefore do not reject Ho 2. p-value <a therefore do not reject Ho 3. p-value > a, therefore reject Ho 4. p-value <a, therefore reject Ho 5. p-value > a, therefore do not reject Ho
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