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Last year, the population mean size of homes reached 2712 sqft. Assume you obtain a p-value = 0.015. At 5% significance, has the average
Last year, the population mean size of homes reached 2712 sqft. Assume you obtain a p-value = 0.015. At 5% significance, has the average home size declined this year compared to last year? Yes, we reject Ho, and conclude that the average home size has declined this year Yes, we do not reject Ho, and conclude that the average home size has declined this year No, we reject Ho, and conclude that the average home size has not declined this year No, we do not reject Ho, and conclude that the average home size has not declined this year Question 20 (1 point) E Listen A random sample of 50 single family homes provided the following data: 1 2 3 41 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 23 24 24 25 25 29 26 20 27 29 28 20 29 20 30 30 21 31 31 32 22 32 39 33 21 34 34 25 39 35 36 36 37 31 29 38 30 20 39 40 40 44 41 40 42 12 43 " 44 45 45 16 46 47 48 49 50 Home Size (sqft) 1896 1008 1568 2144 2229 1260 www 1913 1688 www 2326 1632 Love 2077 1322 1805 1331 - 888 920 1064 2597 1520 3028 1152 1530 1426 1550 1990 1620 1620 1790 1780 1700 6204 6204 0204 4174 4174 2152 2153 2220 5220 3220 1957 1952 1890 1090 4209 4283 2088 2088 1084 1004 1595 4153 2343 G47 6117 0035 2935 1000 1922 2005 3025 4000 4020 2006 3206 DETA 2573 3197 2830 2597 3054 2055 Last year, the population mean size of homes reached 2712 sqft. Assume you obtain a p-value = 0.015. At 5% significance, has the average home size declined this year compared to last year? Yes, we reject Ho, and conclude that the average home size has declined this year Yes, we do not reject Ho, and conclude that the average home size has declined this year No, we reject Ho, and conclude that the average home size has not declined this year No, we do not reject Ho, and conclude that the average home size has not declined this year
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