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Numbers only Question 4 1 Recent data on the various types of properties purchased in the major cities and suburbs show upward Points: price trends.
Numbers only Question 4 1 Recent data on the various types of properties purchased in the major cities and suburbs show upward Points: price trends. Historically, 15% of purchases were for condos, 31% were for townhouses, 39% for family homes, 4% for commercial properties and 11% for land. With the pandemic and changing demographics, agencies wonder if the current distribution matches the historical distribution. The most recent random sample of transactions are 60 condos, 134 townhouses, 170 single homes, 12 commercial, and 24 land properties. What is the p-value of the test statistic for testing the appropriate hypothesis addressing the agencies' concern? Type your numerical answer here. Numbers only
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