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Need help with the p-value. The sample size was 500. national average 288,407 sample mean $224,591 s. st. dev 71916.51369 standard error 3216.204266 H0: u=288,407
Need help with the p-value. The sample size was 500.
| national average | 288,407 |
| sample mean | $224,591 |
| s. st. dev | 71916.51369 |
| standard error | 3216.204266 |
| H0: u=288,407 | |
| H1:u<288,407 | |
| level of significance | 0.05 |
| test statistic | -$19.84 |
| p-value | 0 |
| national average sq. foot | 1,944 |
| sample mean | 2,029 |
| sample st. dev | 289.8763554 |
| standard error | 12.96366471 |
| H0: =1944 | |
| H1: u not equal to 1944 | |
| level of sig = 0.05 | |
| test statistic | 6.54 |
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Statistics For Business And Economics
Authors: James T. McClave, P. George Benson, Terry T Sincich
12th Edition
032182623X, 978-0134189888, 134189884, 978-0321826237
