subject

Mathematics, 04.05.2021 16:40 Strudl8920

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. Let α = 0.02. a. State the hypothesis and identify the claim.

b. Find the critical value(s).

c. Find the test value

d. Find the p-value

e. Make the decision.

f. Summarize the results.

ansver

Answers: 3

Show answers

Another question on Mathematics

question

Mathematics, 20.06.2019 18:02

If you want to place an 8 ½ inch towel bar in the center of a door that is 25 ½ wide, how much space will be on each side of the towel bar?

Answers: 1

question

Mathematics, 21.06.2019 18:30

An optical inspection system is used to distinguish among different part types. the probability of a correct classification of any part is 0.92. suppose that three parts are inspected and that the classifications are independent. let the random variable x denote the number of parts that are correctly classified. determine the probability mass function of x. round your answers to four decimal places (e.g. 98.7654). x f(x) 0 1 2 3

Answers: 2

question

Mathematics, 21.06.2019 18:30

The u-drive rent-a-truck company plans to spend $13 million on 320 new vehicles. each commercial van will cost $25 comma 000, each small truck $50 comma 000, and each large truck $80 comma 000. past experience shows that they need twice as many vans as small trucks. how many of each type of vehicle can they buy?

Answers: 1

question

Mathematics, 21.06.2019 21:10

The equation |pl = 2 represents the total number of points that can be earned or lost during one turn of a game. which best describes how many points can be earned or lost during one turn? o o -2 2 oor 2 -2 or 2 o

Answers: 1

You know the right answer?

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

Questions

question

Health, 19.10.2019 03:10

When carlos moved to the united states, he did not understand any english. phrases like "anna mary can pi and i scream class hick" didn't make any sen...

question

Chemistry, 19.10.2019 03:10

Blank is radiant energy emitted from the sun. a. photons b. solar energy c. solar winds d. none of the above...

question

Mathematics, 19.10.2019 03:10

1500= 5n- 300 solve the equation for n . show work....

question

Social Studies, 19.10.2019 03:10

In the diagram, which section has a job description that accurately represents a paid position within a political campaign? a. sect...

question

Health, 19.10.2019 03:10

3. the physician evaluates a 68-year-old new patient who was admitted to observation status earlier today. according to the family, the patient compla...

question

Mathematics, 19.10.2019 03:10

Find the sum of the first 15 terms for the sequence -36,30, to 5 decimal places past the decimal point...

question

Mathematics, 19.10.2019 03:10

Do highlighted questions and provide math equations

question

English, 19.10.2019 03:10

How do men of the umuofia greet each other? things fall apart...

question

Mathematics, 19.10.2019 03:10

After reading a book for english class, 100 students were asked whether or not they enjoyed it. nine twenty-fifths of the students did not like the bo...

question

English, 19.10.2019 03:10

Does wilder paint a true picture of community in our town? explain...

question

Mathematics, 19.10.2019 03:10

You are standing 15 feet from 25-foot tall tree. estimate the distance (in feet) from where you are standing to the top of the tree. round your answer...

question

Mathematics, 19.10.2019 03:10

Find the probability of obtaining exactly one head when flipping ten coins. express your answer as a fraction in lowest terms or a decimal rounded to...

question

Mathematics, 19.10.2019 03:10

Mr. wilson saved 2,500 to buy airline tickets for his family. he bought 6 airline tickets for 374 each. how much of his savings does mr. wilson have a...

question

Mathematics, 19.10.2019 03:10

The path if an arrow released from a bow can be modeled by y=-0.04 x squared +4x + 3 where x is the horizontal distance (in feet) and y is the vertica...

question

Mathematics, 19.10.2019 03:10

Joan's nursery specializes in custom-designed landscaping for residential areas. the estimated labor cost associated with a particular landscaping pro...

question

Physics, 19.10.2019 03:10

Aman, located a distance d=3.0 m from a target, fires a projectile at an angle θ=70 ∘ above the horizontal. if the initial speed of the projectile is...

question

Business, 19.10.2019 03:10

The management of lanzilotta corporation is considering a project that would require an investment of $263,000 and would last for 8 years the annual n...

question

Social Studies, 19.10.2019 03:10

Control environment risk assessment, control activities information and communication monitoring activities is (a) continual review of the pot...

question

Business, 19.10.2019 03:10

The tax concept and economic concept of income are in agreement on which of the following: a. rent income for 2020 collected in 2019 is income...

question

Mathematics, 19.10.2019 03:10

Asurvey is being planned to determine the mean amount of time corporation executives watch television. a pilot survey indicated that the mean time per...

More questions: Mathematics Another questions