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8.2 P-value Cost of Building a Home According to the National Association of Home Builders, the average cost of building a home in the Northeast

8.2 P-value

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Cost of Building a Home According to the National Association of Home Builders, the average cost of building a home in the Northeast is $117.91 per square foot. A random sample of 38 new homes indicated that the mean cost was $ 124.51 and the standard deviation was $17. Can it be concluded that the mean cost differs from $117.91, using the 0.10 level of significance? Use the P-value method. Use a graphing calculator. Part: 0 / 4 Part 1 of 4 (a) State the hypotheses and identify the claim. Ho: M (Choose one) $ (Choose one) X H1 : H (Choose one) V $ (Choose one) This hypothesis test is a (Choose one) test

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