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An economist decides to run a test to see whether the mean rental price in his local housing market has changed at all since 2010
An economist decides to run a test to see whether the mean rental price in his local housing market has changed at all since 2010 when adjusted for inflation. She is using a 5% level of significance. a) Using a software package, she computes a P-value of 0.1234. Will she reject or not reject the null hypothesis? b) If she had run a one-tail test instead, how would the P-value change? c) Would the new P-value change the decision? Edit View Insert Format Tools Table 12pt Paragraph A)
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