Mathematics, 30.04.2021 22:00 Jasten

The Eagle Ridge Contractors Association claims the average price of a home in their subdivision is $125,150 with a standard deviation of $7,350. A sample of 36 homes for sale in this subdivision had an average selling price of $123,550. The Eagle Ridge Home Owners Association is interested in knowing if the costs of homes for sale in this subdivision are actually lower than claimed? Compute the test value.

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The Eagle Ridge Contractors Association claims the average price of a home in their subdivision is $...