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A Realtor claims that no more than half ofthe homes he sells are sold for less than the asking price. When reviewing a random sample
A Realtor claims that no more than half ofthe homes he sells are sold for less than the asking price. When reviewing a random sample of I? sales over the past year, he found that actually II were sold below the asking price. (a) The assumption of normality isjustified. 0 Yes 0 No {la-1} Calculate a pvalue for the observed sample outcome, using the normal distribution. (Round your z-value to 2 decimal places. Round your answer to 4 decimal places.)
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