the critical value for this hypothesis test would be ________.
41) Two real estate companies, Century 21 and RE/MAX, compete with one another in a local market. The manager of the Century 21 office would like to advertise that homes listed with RE/MAX average more than 10 days on the market when compared to homes listed with his company. The following data shows the
|
Century 21 |
RE/MAX |
Sample mean |
122 days |
144 days |
Sample size |
36 |
30 |
Population standard deviation |
32 days |
35 days |
If Population 1 is defined as RE/MAX and Population 2 is defined as Century 21, and using α = 0.10, the critical value for this hypothesis test would be ________.
- A) 1.28
- B) 1.645
- C) 1.96
- D) 2.33
Explain how you got to the correct answer.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images