Question
With this information, how can I make a histo graph/normal curve graph in excel to represent the data correctly? Also if you could address the
With this information, how can I make a histo graph/normal curve graph in excel to represent the data correctly? Also if you could address the other questions so its easy to understand
You have been hired by a regional real estate company to help them analyze data. One of the agent's claims his sales per square foot price is higher than the rest of his region's. He claims his price per square foot is $275.
Significance value is .05
Data collection from 1,001 homes in his region-
mean price per square foot: $264.02
median price per square foot: $202.966
standard deviation: 161.756
standard error: 5.113
what is the null hypothesis?
what is the alternative hypothesis?
is it right tailed, left tailed, two tailed?
which T.DIST test would you use to get your p value?
do you reject or fail to reject the null hypothesis?
where would the p and t fall on a normal curve graph?
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