State the conclusion based on the results of the test. According to the Federal Housing Finance Board, the mean price of a single-family home two years ago was $299,100. A real estate broker believes that because of the recent credit crunch, the mean price has increased since then. The null hypothesis is not rejected. Choose the correct answer below. O A. There is not sufficient evidence to conclude that the mean price of a single-family home has increased from its level two years ago of $299,100. O B. There is not sufficient evidence to conclude that the mean price of a single-family home has decreased from its level two years ago of $299,100. O C. There is sufficient evidence to conclude that the mean price of a single-family home has increased from its level two years ago of $299,100. O D. There is sufficient evidence to conclude that the mean price of a single-family home has decreased from its level two years ago of $299,100.

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State the conclusion based on the results of the test.
According to the Federal Housing Finance Board, the mean price of a single-family home two
years ago was $299,100. A real estate broker believes that because of the recent credit crunch,
the mean price has increased since then. The null hypothesis is not rejected.
Choose the correct answer below.
O A. There is not sufficient evidence to conclude that the mean price of a single-family home
has increased from its level two years ago of $299,100.
O B. There is not sufficient evidence to conclude that the mean price of a single-family home
has decreased from its level two years ago of $299,100.
O C. There is sufficient evidence to conclude that the mean price of a single-family home has
increased from its level two years ago of $299,100.
O D. There is sufficient evidence to conclude that the mean price of a single-family home has
decreased from its level two years ago of $299,100.
Transcribed Image Text:State the conclusion based on the results of the test. According to the Federal Housing Finance Board, the mean price of a single-family home two years ago was $299,100. A real estate broker believes that because of the recent credit crunch, the mean price has increased since then. The null hypothesis is not rejected. Choose the correct answer below. O A. There is not sufficient evidence to conclude that the mean price of a single-family home has increased from its level two years ago of $299,100. O B. There is not sufficient evidence to conclude that the mean price of a single-family home has decreased from its level two years ago of $299,100. O C. There is sufficient evidence to conclude that the mean price of a single-family home has increased from its level two years ago of $299,100. O D. There is sufficient evidence to conclude that the mean price of a single-family home has decreased from its level two years ago of $299,100.
11.5.332
Question Help
Researchers wanted to measure the effect of alcohol on the development of the hippocampal
region in adolescents. The researchers randomly selected 11 adolescents with alcohol use
disorders. They wanted to determine whether the hippocampal volumes in the alcoholic
adolescents were less than the normal volume of 9.02 cm. An analysis of the sample data
revealed that the hippocampal volume is approximately normal with x 8.43 and s 0.6. Conduct
an appropriate test at the a = 0.01 level of significance.
E Click here to view the t-Distribution Area in Right Tail.
Choose the correct answer below.
O A. Reject H, since the test statistic is not less than the critical value.
O B. Reject H, since the test statistic is less than the critical value.
O C. Do not reject H, since the test statistic is less than the critical value.
D. Do not reject Ho since the test statistic is not less than the critical value.
i t-Distribution Area in Right Tail
%3
t-Distribution
Arca in Right Tail
df
0.25
0.20
0.15
0.10
0.05
0.025
0.02
0.01
0.005
12.706
4.303
3.182
2.776
2571
15.894
4.849
3.482
2.999
2.757
31.821
6.965
4.541
3.747
3.365
63.657
9.925
5.841
4.604
4.032
1.376
1.963
1.386
1250
1190
1.156
3.078
1.886
1.638
1.533
1.476
6.314
2.920
2.353
2.132
2.015
1.000
0.816
0.765
0.741
0.727
1.061
0.978
0.941
0.920
2345
Transcribed Image Text:11.5.332 Question Help Researchers wanted to measure the effect of alcohol on the development of the hippocampal region in adolescents. The researchers randomly selected 11 adolescents with alcohol use disorders. They wanted to determine whether the hippocampal volumes in the alcoholic adolescents were less than the normal volume of 9.02 cm. An analysis of the sample data revealed that the hippocampal volume is approximately normal with x 8.43 and s 0.6. Conduct an appropriate test at the a = 0.01 level of significance. E Click here to view the t-Distribution Area in Right Tail. Choose the correct answer below. O A. Reject H, since the test statistic is not less than the critical value. O B. Reject H, since the test statistic is less than the critical value. O C. Do not reject H, since the test statistic is less than the critical value. D. Do not reject Ho since the test statistic is not less than the critical value. i t-Distribution Area in Right Tail %3 t-Distribution Arca in Right Tail df 0.25 0.20 0.15 0.10 0.05 0.025 0.02 0.01 0.005 12.706 4.303 3.182 2.776 2571 15.894 4.849 3.482 2.999 2.757 31.821 6.965 4.541 3.747 3.365 63.657 9.925 5.841 4.604 4.032 1.376 1.963 1.386 1250 1190 1.156 3.078 1.886 1.638 1.533 1.476 6.314 2.920 2.353 2.132 2.015 1.000 0.816 0.765 0.741 0.727 1.061 0.978 0.941 0.920 2345
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