1. A report claims that 7.3% of vehicle fatalities involve motorcyclists. An insurance investigator studies 50 randomly selected accidents and finds that 5 fatalities implicated motorcyclists. At =0.05, is there significant evidence that the report is incorrect? Hypothesis Test (Four steps)

2. A real estate agent compares the selling prices of homes in Calgary and Edmonton to see if there is a difference in price. For a sample of 35 homes in Calgary, the average was $358,103. For a sample of 40 homes in Edmonton, the average was $303,304. If the standard deviation for all homes in Calgary and Edmonton are $21,471 and $14,636, respectively, is there significant evidence at =0.01 that the average price is higher in Calgary? Hypothesis Test (Four steps)