Use the following setup to answer the following questions. Draw a diagram where asked. A real estate agent claims that the mean living area of all single-family homes in his county is at least 2400 square feet. A random sample of 100 such homes selected from this county produced the mean living area of 2300 square feet and a standard deviation of 400 square feet. You want to test, at the 5% significance level whether the real estate agent's claim is true. A. Write down the Ho/Ha for this test. Also indicate the tail of the test. Show all work. B. What will be the distribution used for this test? C. Using a diagram, show the R/NR regions for this test. Label these regions carefully.
Use the following setup to answer the following questions. Draw a diagram where asked. A real estate agent claims that the mean living area of all single-family homes in his county is at least 2400 square feet. A random sample of 100 such homes selected from this county produced the mean living area of 2300 square feet and a standard deviation of 400 square feet. You want to test, at the 5% significance level whether the real estate agent's claim is true. A. Write down the Ho/Ha for this test. Also indicate the tail of the test. Show all work. B. What will be the distribution used for this test? C. Using a diagram, show the R/NR regions for this test. Label these regions carefully.
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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Transcribed Image Text:Use the following setup to answer the following questions. Draw a diagram where asked.
A real estate agent claims that the mean living area of all single-family homes in his county is at least
2400 square feet. A random sample of 100 such homes selected from this county produced the mean
living area of 2300 square feet and a standard deviation of 400 square feet. You want to test, at the 5%
significance level whether the real estate agent's claim is true.
A. Write down the Ho/Ha for this test. Also indicate the tail of the test. Show all work.
B. What will be the distribution used for this test?
C. Using a diagram, show the R/NR regions for this test. Label these regions carefully.
D. Calculate the Test Statistic (TS) for this test.
E. What is your conclusion? Both in terms of Ho/Ha and in plain English.
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