Question
11. BIG DEAL REAL ESTATE SURVEYED PRICES PER SQUARE FOOT IN THE VALLEY AND FOOTHILLS OF HOKE-A-MO UTAH. BASED ON BD'S DATAARE PRICES PER SQUARE
11. BIG DEAL REAL ESTATE SURVEYED PRICES PER SQUARE FOOT IN THE VALLEY AND FOOTHILLS OF HOKE-A-MO UTAH. BASED ON BD'S DATAARE PRICES PER SQUARE FOOT EQUAL AT O=0.01O
_____The critical value is 2.977 since this is a two-tail scenario. The test statistic is 2.239. Since the test statistic < the critical value, the test statistic does not lie in the area of rejection. Do not reject the null hypothesis. The prices per square foot are equal at alpha= .01
______ The critical value is 2.977 since this is a two-tail scenario. The test statistic is 1.513. Since the test statistic < the critical value, the test statistic does not lie in the area of rejection. Do not reject the null hypothesis. The prices per square foot are equal at alpha= .01
_________ The critical value is 2.977 since this is a two-tail scenario. The test statistic is 1.936. Since the test statistic < the critical value, the test statistic does not lie in the area of rejection. Do not reject the null hypothesis. The prices per square foot are equal at alpha= .01
_____ The critical value is 2.977 since this is a two-tail scenario. The test statistic is 3.207. Since the test statistic > the critical value, the test statistic does lie in the area of rejection. Reject the null hypothesis. The prices per square foot are not equal at alpha= .01
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