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According to a study done in 2013, the average age of a first-time home buyer in Canada was 29.1 years old. A researcher believes this
According to a study done in 2013, the average age of a first-time home buyer in Canada was 29.1 years old. A researcher believes this number has increased since that time. A large random sample of Canadian first-time home-buyers is selected to test this claim.
a.Determine what population parameter is being tested:
p
b.Determine if the alternative hypothesis is a left-tailed, right-tailed, or two-tailed test:
< : left-tailed
> : right-tailed
: two-tailed
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