Suppose the null hypothesis is rejected. State the conclusion based on the results of the test.Three years ago, the mean price of a single-family home was $243,704. A real estate broker believes that the mean price has decreased since then.Which of the following is the correct conclusion?O A. There is not sufficient evidence to conclude that the mean price of a single-family home has not changed.B. There is sufficient evidence to conclude that the mean price of a single-family home has decreased.C. There is sufficient evidence to conclude that the mean price of a single-family home has not changed.D. There is not sufficient evidence to conclude that the mean price of a single-family home has decreased.

According to the provided data, it is supposed that the null hypothesis is rejected. The null and…

Answered: Suppose the null hypothesis is…

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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A distribution of numbers is approximately bell shaped. If the mean of the numbers is 129 and the standard deviation is 13,a. between what two numbers would approximately 68% of the values fall? b. Between what two numbers would 95% of the values fall? c. Between what two values would 99.7% of the values fall?
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A study analyzed the sustainability behaviors of CPA corporations. The level of support for corporate sustainability (measured on a quantitative scale ranging from 0 to 160 points) was obtained for each in a sample of 984 senior managers at CPA firms. The CEO of a CPA firm claims that the true mean level of support for sustainability is 66. Complete parts a through e. What is a Type II error in this problem? A. A Type II error would be to conclude that the true mean level of support for sustainability is 66 when, in fact, the mean is not equal to 66. B. A Type II error would be to conclude that the sample mean level of support for sustainability is less than 66 when, in fact, the sample mean is greater than 66. C. A Type II error would be to conclude that the true mean level of support for sustainability is not 66 when, in fact, the mean is equal to 66. D. A Type II error would be to conclude that the sample mean level of support for…
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