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Null Hypothesis: I believe the average list prices of homes in the Mid-Atlantic Region $242,906 equal to or greater than the list price of home
Null Hypothesis: I believe the average list prices of homes in the Mid-Atlantic Region $242,906 equal to or greater than the list price of home on the national market $288,407
Alternative Hypothesis: I believe the list price of homes in the Mid-Atlantic Region $242,907 to be or less than the list prices of homes on the national market
test statistic = -1.93066833
p-value = 0.0268
significance level = 0.05
Relate the p-value to the significance level?
reject or fail to reject?
conclusion?
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