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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 $299,600. A real estate broker believes that because of the recent credit crunch, the mean price has decreased 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 decreased from its level two years ago of $299,600. O B. There is sufficient evidence to conclude that the mean price of a single-family home has decreased from its level two years ago of $299,600. 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 $299,600. O D. 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 $299,600.

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 $299,600. A real estate broker believes that because of the recent credit crunch, the mean price has decreased 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 decreased from its level two years ago of $299,600. O B. There is sufficient evidence to conclude that the mean price of a single-family home has decreased from its level two years ago of $299,600. 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 $299,600. O D. 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 $299,600.

MATLAB: An Introduction with Applications
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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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 $299,600. A real estate broker believes that because of the recent credit crunch, the mean price has decreased 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 decreased from its level two years ago of $299,600. O B. There is sufficient evidence to conclude that the mean price of a single-family home has decreased from its level two years ago of $299,600. 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 $299,600. O D. 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 $299,600.
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 $299,600. A real estate broker believes that because of the recent credit crunch, the mean price has decreased 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 decreased from its level two years ago of $299,600. O B. There is sufficient evidence to conclude that the mean price of a single-family home has decreased from its level two years ago of $299,600. 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 $299,600. O D. 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 $299,600.
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