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A Right tailed test H0:u=342,365 Ha:u 342,365 Determine the appropriate test statistic ( t ). [ Note : This calculation is (mean - target)/standard error.

A Right tailed test H0:u=342,365

Ha:u 342,365

Determine the appropriate test statistic (t).

[Note: This calculation is (mean - target)/standard error. In this case, the mean is your regional mean, and the target is the national mean.]

[Calculate the probability (pvalue).]

Interpretation:

[Relate the pvalue and significance level.]

[Make the correct decision (reject or fail to reject).]

[Provide a conclusion in the context of your hypothesis.]

image text in transcribed
Cost Per Sq Ft 120 140 100 60 80 20 40 0 [$41, $53] ($53, $65] ($65, $77] ($77, $89] ($89, $101] ($101, $113] ($113, $125] Listing Prices of homes in the East South Central Region Liting Price ($125, $137] ($137, $149] ($149, $161] ($161, $173] ($173, $185] ($185, $197] ($197, $209] ($209, $221]

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