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A realtor claims that no more than half of the homes he sells are sold for less than the asking price. When reviewing a random
A realtor claims that no more than half of the homes he sells are sold for less than the asking price. When reviewing a random sample of 17 sales over the past year, he found that actually 11 were sold below the asking price
Calculate a p value for the observed sample outcome using the normal distribution (round your z-value to 2 decimal places. Round your answer to 4 decimal places)
use excel to calculate the binomial probability P (X 11 I n=17, = .50) = 1- P( X 10 I n = 17, =.50 ( round your answers to 4 decimal places
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