Suppose the average size of a new house built in a certain county in 2014 was 2,272
Question:
Suppose the average size of a new house built in a certain county in 2014 was 2,272 square feet. A random sample of 25 new homes built in this county was selected in 2018. The average square footage was 2,190, with a sample standard deviation of 225 square feet. a. Using α = 0.02, does this sample provide enough evidence to conclude that the average house size of
a New home in the county has changed since 2014?
b. Determine the precise p-value for this test using Excel.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (10 reviews)
a H 0 2272 square feet status quo H 1 2272 square feet This samp...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
The average size CE3 of single-family homes built in the United States is 2,390 square feet (Statistical Abstract of the United States, 2011). A random sample of 100 new homes sold in California...
-
Suppose that the size of pebbles in a river bed is normally distributed with mean 12.1mm and standard deviation 3.2 mm. A random sample of 9 pebbles are measured. Let denote the average size of the...
-
The average size of single-family homes built in the United States is 2,600 square feet (U.S. Census Bureau, 2015). A random sample of 100 new homes sold in California yielded the following size...
-
Write a report on Home and Automobile: These are two of the most important financial purchases we will make. These decisions, especially housing, will affect much of your ability to meet your...
-
Josh Ritchey has just been hired as a cost engineer by a large airlines company. Josh's first idea is to quit giving complimentary cocktails, wine, and beer to the international flying public. He...
-
True Or False Where there is a special relationship between the parties a breach of covenant and good faith and fair dealing becomes a tort called bad faith.
-
DE19-15 Use Exhibit 19-12 (page 767) to explain the differences between manufacturing costs and the cost of goods manufactured. How much are the manufacturing costs? How much is the cost of goods...
-
Karane Enterprises, a calendar-year manufacturer based in College Station, Texas began business in 2019. In the process of setting up the business, Karane has acquired various types of assets. Below...
-
HOMEWORK 06 15 POINTS The management of ABC company are considering buying a new machine which would produce parts for a client. They have 2 options: Machine A costs $65,000 (useful life: 7 years,...
-
You may refer to the opening story of Tony and Suzie and their decision to start Great Adventures in AP 11. More of their story and the first set of transactions for the company in July are presented...
-
According to the 2016 Majoring in Money report bythe government-lending institution Sallie Mae, 18-to 20-year-old college students have an averagecredit card balance of $569. You want to find out...
-
According to National Retail Foundation, holiday shoppers spent an average of $935.58 over the Thanksgiving weekend in 2016. The following data show the amount spent by a random sample of holiday...
-
Comparative advantage means ______. a. That nations or areas that export goods will necessarily be able to produce those goods or services more cheaply than other nations in an absolute sense b. A...
-
Can anyone explain me how to calculate the ROI using the HISTORICAL COST NBV, the formula my instructor wants me to use is ADJ CF - HIST DEP /ASSETTOTAL - ACC DEP. And for the ROI of CURRENT COST NBV...
-
Consider the circuit to the right 3. If the total voltage supply in the circuit is 120V, and each resistor has a resistance of 400, what will the current read on each ammeter? |1= 12= 3 = 4. What...
-
1. The theory predicts the proportion of beans, in the four groups A, B, C and D should be 9:3:3:1. In an experiment among 1600 beans, the numbers in the four groups were 882, 313, 287 and 118. Does...
-
Would you recommend criminal charges in this case ( the screenshots below) and, if so, exactly which statutes against which person? Explain your reasoning (how the elements of the crime are met or...
-
check if each transaction is placed in the right place in each of the reports below and if there are any other mistakes in the different accounts after the first image which is a description of the...
-
A committee of four is to be selected from ten candidates, five men and five women. a. In how many distinct ways can the committee be chosen? b. Assuming that each candidate is equally likely to be...
-
Suppose that A is an m n matrix with linearly independent columns and the linear system LS(A, b) is consistent. Show that this system has a unique solution.
-
According to the Beverage Marketing Corporation, the per capita consumption of bottled water in the United States is 2.3 gallons per month. Assume the standard deviation for this population is 0.75...
-
It is commonly known that approximately 10% of the population is left handed. Nike Golf would like to estimate the proportion of left handed golfers in order to plan the schedule of golf club...
-
According to AAA, regular gasoline averaged $ 3.68 per gallon in the United States in March 2013. Assume the standard deviation for gasoline prices is $ 0.12 per gallon. A random sample of 30 service...
-
On April 1, year 1, Mary borrowed $200,000 to refinance the original mortgage on her principal residence. Mary paid 3 points to reduce her interest rate from 6 percent to 5 percent. The loan is for a...
-
Give a numerical example of: A) Current liabilities. B) Long-term liabilities?
-
Question Wonder Works Pte Ltd ( ' WW ' ) produces ceramic hair curlers to sell to department stores. The production equipment costs WW $ 7 0 , 0 0 0 four years ago. Currently, the net book value...
Study smarter with the SolutionInn App