the chamber of commerce of a florida gulf coast community advertises that area residential property is available at a mean cost of $125,000 or less per lot. Suppose a sample of 32properties provided a sample mean of $130,000 per lot and a sample standard deviation of$12,500. use a .05 level of significance to test the validity of the advertising claim.

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A: The provided information are:

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A: Given that  Sample size n =50 sample mean =30.63 Population standard deviation =5.60

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A: Given : Mean : x1 = 46.9x2 = 36.2 standard deviation : σ1 = 12.4σ2 = 15.3 Sample size : n1 = 124n2 =…

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Q: Most graduate schools of business require applicants for admission to take the Graduate Management…

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A:

Q: Is it worth pursuing a doctoral degree in education if you already have an undergraduate degree? One…

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A: Given that  μ=527σ=112

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Q: According to the records of an electric company serving the Boston area, the mean electricity…

A: We have given that  Mean(μ)=1650Standard deviation (σ)=320

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Q: The U.S. Center for Disease Control reports that in year 1900, the mean life expectancy is 47.6…

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Q: An employer claims that full time employees have a mean income of $35,000. A sample of 200 employees…

A:

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