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(O ATTEMPTS AND DUE AUGUST 1ST AT 11:59 PM) The National Weather Service S A newspaper in a large Midwestern city reported that the National

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(O ATTEMPTS AND DUE AUGUST 1ST AT 11:59 PM) The National Weather Service S A newspaper in a large Midwestern city reported that the National Association of Realtors said that the mean home price last year was $116800. The city housing department feels that this figure is too low. They randomly selected 63 homes sales and obtained a sample mean price of $118,900. Assume that the population standard deviation is $3,700. Using a 5% level of significance, perform a hypothesis test to determine whether the population mean is higher than $116,800. STEP 1. Ho: M H1: M NOTE: For # enter /= STEP 2. This test is (e) left-tailed, (f) two-tailed or (g) right-tailed test. This test is (enter e, f or g) STEP 3. The critical value (s) is Use the following chart to identify the critical value (s) Left-tailed Two-tailed Right tailed a =10% Z = -1.28 (A) Z = +1.65 (B) Z =1.28 (C) a =5% Z = -1.65 (D) Z = $1.96 (E) Z = 1.65 (F) a =1% Z = -2.33 (G) Z = $2.58 (H) Z = 2.33 (1) The critical value (s) is/are (Enter a letter A through 1) STEP 4. The test statistics is (Enter a z-score rounded to two decimal places) MacBook Air 388 DD DII DD F3 F4 F5 F6 F7 F8 F9

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