Which of the following is the correct conclusion? O A. There is sufficient evidence to conclude that the mean price of a single-family home has decreased. O B. There is not sufficient evidence to conclude that the mean price of a single-family home has decreased. O C. There is sufficient evidence to conclude that the mean price of a single-family home has not changed. O D. There is not sufficient evidence to conclude that the mean price of a single-family home has not changed.
Which of the following is the correct conclusion? O A. There is sufficient evidence to conclude that the mean price of a single-family home has decreased. O B. There is not sufficient evidence to conclude that the mean price of a single-family home has decreased. O C. There is sufficient evidence to conclude that the mean price of a single-family home has not changed. O D. There is not sufficient evidence to conclude that the mean price of a single-family home has not changed.
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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Question
Question #7
![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 $243,743. A real estate broker believes that the mean price has decreased since then.
Which of the following is the correct conclusion?
A. There is sufficient evidence to conclude that the mean price of a single-family home has decreased.
B. There is not 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 not changed.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fca33379b-88dc-4620-8e0a-110bf0c38b46%2F45685669-c667-462d-800d-152bc109a178%2F1ple8ts_processed.png&w=3840&q=75)
Transcribed Image Text: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 $243,743. A real estate broker believes that the mean price has decreased since then.
Which of the following is the correct conclusion?
A. There is sufficient evidence to conclude that the mean price of a single-family home has decreased.
B. There is not 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 not changed.
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