Question 8 Write the number that corresponds to the correct answer. Specify the null and the alternative hypotheses. Ho: Ma>0, H₁: Ma<0 2. Ho: M₁ = 0, H₁: Mg>0 3. Ho: Ha=0, H₁: Mg <0 Ho: Ma <0, H₁Hd > 0 1. 4. 5. Ho Hd=0, H₁: Md #0

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
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
the appraisal value of each apartment in the sample by appraiser B. The measurements and *2 are in
thousands of euros and are given below. Let d=x₂-x. 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?
x₂
apartment
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
x₁
187
170
162
144
180
143
217
198
178
211
209
205
205
189
162
184
174
186
145
209
X₂
186
167
163
153
189
149
220
196
184
215
222
204
192
183
166
187
176
177
153
209
apartment
21
22
23
24
25
26
27
28
29
30
31
32
33
***********
34
35
36
37
38
39
40
x₁
192
174
139
160
188
189
193
223
177
197
183
160
186
178
166
187
184
141
162
140
X₂
195
179
144
159
190
190
198
223
173
200
188
174
187
190
175
202
179
147
164
148
apartment
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
00 O
58
59
60
X₁
183
164
198
205
190
211
209
196
160
187
228
166
189
213
184
180
148
165
178
180
ܕ
181
164
193
201
188
207
197
191
164
186
221
162
189
227
189
174
155
169
185
184
3
Transcribed Image Text: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 the appraisal value of each apartment in the sample by appraiser B. The measurements and *2 are in thousands of euros and are given below. Let d=x₂-x. 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? x₂ apartment 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 x₁ 187 170 162 144 180 143 217 198 178 211 209 205 205 189 162 184 174 186 145 209 X₂ 186 167 163 153 189 149 220 196 184 215 222 204 192 183 166 187 176 177 153 209 apartment 21 22 23 24 25 26 27 28 29 30 31 32 33 *********** 34 35 36 37 38 39 40 x₁ 192 174 139 160 188 189 193 223 177 197 183 160 186 178 166 187 184 141 162 140 X₂ 195 179 144 159 190 190 198 223 173 200 188 174 187 190 175 202 179 147 164 148 apartment 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 00 O 58 59 60 X₁ 183 164 198 205 190 211 209 196 160 187 228 166 189 213 184 180 148 165 178 180 ܕ 181 164 193 201 188 207 197 191 164 186 221 162 189 227 189 174 155 169 185 184 3
Question 8 Write the number that corresponds to the correct answer.
Specify the null and the alternative hypotheses.
Ho: Ma>0, H₁: Ma<0
2. Ho: M₁ = 0, H₁: Mg>0
3. Ho: Ha=0, H₁: Mg <0
Ho: Ma <0, H₁Hd > 0
1.
4.
5.
Ho Hd=0, H₁: Md #0
Transcribed Image Text:Question 8 Write the number that corresponds to the correct answer. Specify the null and the alternative hypotheses. Ho: Ma>0, H₁: Ma<0 2. Ho: M₁ = 0, H₁: Mg>0 3. Ho: Ha=0, H₁: Mg <0 Ho: Ma <0, H₁Hd > 0 1. 4. 5. Ho Hd=0, H₁: Md #0
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman