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According to a high-profile realtor, houses in the sleepy town of Sun Beach have shown higher appreciation over the past three years than have houses in the bustling town of North Arden. To test the realtor's claim, an economist has found fourteen recently sold homes in Sun Beach and fourteen recently sold homes in North Arden that were owned for exactly three years. The following table gives the appreciation (expressed as a percentage increase) for each of the twenty- eight houses. Appreciation rates in percent Sun Beach 10.4, 8.0, 8.0, 151, 9.9, 11.8, 14.0, 8.9, 9.6, 12.6, 13.8, 10.8, 9.3, 11.1 North Arden 13.5, 9.6, 7.2, 11.1, 5.3, 11.2, 7.1, 10.3, 6.7, 10.9, 6.6, 9.4, 8.2, 5.5 Send data to Excel Send data to calculator

According to a high-profile realtor, houses in the sleepy town of Sun Beach have shown higher appreciation over the past three years than have houses in the bustling town of North Arden. To test the realtor's claim, an economist has found fourteen recently sold homes in Sun Beach and fourteen recently sold homes in North Arden that were owned for exactly three years. The following table gives the appreciation (expressed as a percentage increase) for each of the twenty- eight houses. Appreciation rates in percent Sun Beach 10.4, 8.0, 8.0, 151, 9.9, 11.8, 14.0, 8.9, 9.6, 12.6, 13.8, 10.8, 9.3, 11.1 North Arden 13.5, 9.6, 7.2, 11.1, 5.3, 11.2, 7.1, 10.3, 6.7, 10.9, 6.6, 9.4, 8.2, 5.5 Send data to Excel Send data to calculator

Elementary Geometry For College Students, 7e
Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
Chapter8: Areas Of Polygons And Circles
Section8.4: Cicumference And Area Of A Cicle
Problem 46E: A tabletop is semicircular when its three congruent drop-leaves are used. By how much has the tables...
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According to a high-profile realtor, houses in the sleepy town of Sun Beach have shown higher appreciation over the past three years than have houses in the bustling town of North Arden. To test the realtor's claim, an economist has found fourteen recently sold homes in Sun Beach and fourteen recently sold homes in North Arden that were owned for exactly three years. The following table gives the appreciation (expressed as a percentage increase) for each of the twenty- eight houses. Appreciation rates in percent Sun Beach 10.4, 8.0, 8.0, 151, 9.9, 11.8, 14.0, 8.9, 9.6, 12.6, 13.8, 10.8, 9.3, 11.1 North Arden 13.5, 9.6, 7.2, 11.1, 5.3, 11.2, 7.1, 10.3, 6.7, 10.9, 6.6, 9.4, 8.2, 5.5 Send data to calculator 144Hz Assume that the two populations of appreciation rates are normally distributed and that the population variances are equal. Can we conclude, at the 0.05 level of significance, that μ₁, the mean appreciation rate of houses in Sun Beach, is higher than μ2, the mean appreciation rate of houses in North Arden? Perform a one-tailed test. Then complete the parts below. Carry your intermediate computations to three or more decimal places and round your answers as specified in the table. (If necessary, consult a list of formulas.) (a) State the null hypothesis H and the alternative hypothesis H₁. (h) Send data to Excel Ho H₁ :0 Determine the tune of tort statistic to USA Explanation Check O Search C 3 |x 9. 0 O S Р <Q 3 X Esp W CLA F 2022 McGraw Hill LLC. All Rights Reserved. Terms of Use | Privacy Cer C
Transcribed Image Text:According to a high-profile realtor, houses in the sleepy town of Sun Beach have shown higher appreciation over the past three years than have houses in the bustling town of North Arden. To test the realtor's claim, an economist has found fourteen recently sold homes in Sun Beach and fourteen recently sold homes in North Arden that were owned for exactly three years. The following table gives the appreciation (expressed as a percentage increase) for each of the twenty- eight houses. Appreciation rates in percent Sun Beach 10.4, 8.0, 8.0, 151, 9.9, 11.8, 14.0, 8.9, 9.6, 12.6, 13.8, 10.8, 9.3, 11.1 North Arden 13.5, 9.6, 7.2, 11.1, 5.3, 11.2, 7.1, 10.3, 6.7, 10.9, 6.6, 9.4, 8.2, 5.5 Send data to calculator 144Hz Assume that the two populations of appreciation rates are normally distributed and that the population variances are equal. Can we conclude, at the 0.05 level of significance, that μ₁, the mean appreciation rate of houses in Sun Beach, is higher than μ2, the mean appreciation rate of houses in North Arden? Perform a one-tailed test. Then complete the parts below. Carry your intermediate computations to three or more decimal places and round your answers as specified in the table. (If necessary, consult a list of formulas.) (a) State the null hypothesis H and the alternative hypothesis H₁. (h) Send data to Excel Ho H₁ :0 Determine the tune of tort statistic to USA Explanation Check O Search C 3 |x 9. 0 O S Р <Q 3 X Esp W CLA F 2022 McGraw Hill LLC. All Rights Reserved. Terms of Use | Privacy Cer C
Re 70°F Cloudy Carry your intermediate computations to three or more decimal places and round your answers as specified in the table. (If necessary, consult a list of formulas.) (a) State the null hypothesis Ho and the alternative hypothesis H₁. H:0 H₁:0 (b) Determine the type of test statistic to use. (Choose one) ▼ (c) Find the value of the test statistic. (Round to three or more decimal places.) 0 HD 144Hz N (d) Find the p-value. (Round to three or more decimal places.) 0 (e) Can we conclude that μ₁, the mean appreciation rate of houses in Sun Beach, is higher than μ₂, the mean appreciation rate of houses in North Arden? O Yes O No Explanation Check O Search I 9- |x X 0=0 #0 X O S SO 0<0 3 P AP 00 V > 2022 McGraw Hill LLC. All Rights Reserved. Terms of Use | Privacy Cent W
Transcribed Image Text:Re 70°F Cloudy Carry your intermediate computations to three or more decimal places and round your answers as specified in the table. (If necessary, consult a list of formulas.) (a) State the null hypothesis Ho and the alternative hypothesis H₁. H:0 H₁:0 (b) Determine the type of test statistic to use. (Choose one) ▼ (c) Find the value of the test statistic. (Round to three or more decimal places.) 0 HD 144Hz N (d) Find the p-value. (Round to three or more decimal places.) 0 (e) Can we conclude that μ₁, the mean appreciation rate of houses in Sun Beach, is higher than μ₂, the mean appreciation rate of houses in North Arden? O Yes O No Explanation Check O Search I 9- |x X 0=0 #0 X O S SO 0<0 3 P AP 00 V > 2022 McGraw Hill LLC. All Rights Reserved. Terms of Use | Privacy Cent W
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