Question
.The market research manager believes the average Sydney house price should be different from $829,000. Test at 5% level of significance to assess whether the
.The market research manager believes the average Sydney house price should be different from $829,000. Test at 5% level of significance to assess whether the manager's claim is true. Calculate the 95% confidence interval for true mean and interpret the resulting bound.
| price ($000) |
| 900 |
| 400 |
| 1406 |
| 1000 |
| 650 |
| 1088 |
| 551 |
| 813 |
| 750 |
| 1188 |
| 1163 |
| 656 |
| 550 |
| 1125 |
| 430 |
| 713 |
| 1100 |
| 1400 |
| 799 |
| 650 |
| 425 |
| 811 |
| 750 |
| 981 |
| 713 |
| 600 |
| 1544 |
| 450 |
| 694 |
| 600 |
| 1125 |
| 913 |
| 557 |
| 749 |
| 938 |
| 988 |
| 425 |
| 950 |
| 756 |
| 525 |
| 1325 |
| 656 |
| 556 |
| 644 |
| 625 |
| 700 |
| 1086 |
| 661 |
| 1106 |
| 813 |
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College Algebra Concepts Through Functions
Authors: Michael Sullivan, Michael Sullivan III
3rd Edition
0321925890, 9780321925893
