One indication of how strong the real estate market is performing is the proportion of properties that sell in less than 30 days after being listed. Of the condominiums in a Florida beach community that sold in the first six months of 2016, 75 out of the 115 sampled had been on the market less than 30 days. For the first six months of 2017, 25 of the 85 sampled had been on the market less than 30 days. Using the given JMP output, test the hypothesis that the proportion of condominiums that sold within 30 days decreased from 2016 to 2017. Use =0.01. 1) ( 2 points) Formulate hypotheses. 2) (2 points) Define the sampling distribution of the mean differences 3) (2 points) Using the critical value approach, test the hypothesis. 4) (2 points) Using the p-value approach, test the hypothesis. 5) ( 2 points) Provide conclusions