Mathematics, 09.06.2020 06:57 gladtobesmart123
A Realtor claims that no more than half of the homes he sells are sold for less than the asking price. When reviewing a random sample of 14 sales over the past year, he found that actually 10 were sold below the asking price.
Required:
a. The assumption of normality is justified.
b. Calculate a p-value for the observed sample outcome, using the normal distribution.
c. At the 0.05 level of significance in a right-tailed test, is the proportion of homes sold for less than the asking price greater than 50%?
Answers: 1
Mathematics, 21.06.2019 20:00, codyshs160
The boiling point of water at an elevation of 0 feet is 212 degrees fahrenheit (°f). for every 1,000 feet of increase in elevation, the boiling point of water decreases by about 2°f. which of the following represents this relationship if b is the boiling point of water at an elevation of e thousand feet? a) e = 2b - 212 b) b = 2e - 212 c) e = -2b + 212 d) b = -2e + 212
Answers: 1
A Realtor claims that no more than half of the homes he sells are sold for less than the asking pric...
Mathematics, 04.06.2020 13:22
Mathematics, 04.06.2020 13:22
Mathematics, 04.06.2020 13:22