Question
BigDeal Real Estate surveyed prices per square foot in the valley and foothills of Hoke-a-mo, Utah. Based the following BD's DATA: are prices square foot
BigDeal Real Estate surveyed prices per square foot in the valley and foothills of Hoke-a-mo, Utah. Based the following BD's DATA: are prices square foot equal at ax = 0.01?
a.The critical value is 2.977 since this is a two-tail scenario. The test statistic is 1.513. since the test statistic < the critical value, the test statistic does not lie in the area of rejection. Do not reject the null hypothesis. The prices per square foot are equal at alpha = .01.
b.The critical value is 2.977 since this is a two-tail scenario. The test statistic is 1.936. since the test statistic < the critical value, the test statistic does not lie in the area of rejection. Do not reject the null hypothesis. The prices per square foot are equal at alpha = .01.
c.The critical value is 2.977 since this is a two-tail scenario. The test statistic is 3.207. since the test statistic > the critical value, the test statistic does not lie in the area of rejection. Do not reject the null hypothesis. The prices per square foot are equal at alpha = .01.
d.The critical value is 2.977 since this is a two-tail scenario. The test statistic is 2.239. since the test statistic < the critical value, the test statistic does not lie in the area of rejection. Do not reject the null hypothesis. The prices per square foot are equal at alpha = .01.
Valley 109 116 106 157 147 105 173 153 137 110
Foothills 75 154 156 105 215 130 219 193 147 169
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