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P- valise is (less or greater) this community (does not or does) During an economic crisis, the average value of homes in a community of

P- valise is (less or greater) this community (does not or does)

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During an economic crisis, the average value of homes in a community of 36 homes lost $9227 with a standard deviation of $1500. The average home value in the region lost $8770. Was this community of 36 homes unusual? Use a t-test to decide if the average loss observed was significantly different from the region value. Use a level of significance a = 0.05. Identify the hypotheses for the test. Ho: p HA: H V The test statistic is (Round to two decimal places as needed.) The P-value is (Round to three decimal places as needed.) What is the conclusion of the test? Was the average loss observed significantly different from the region value? the null hypothesis because the P-value is than the given significance level, and conclude that the loss of home values in this community appear to be unusual. Fail to reject Reject Enter your answer in each of the answer boxes

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