The Eagle Ridge Contractors Association claims the average price of a home in their subdivision is $125,150 with a stand

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answerhappygod
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The Eagle Ridge Contractors Association claims the average price of a home in their subdivision is $125,150 with a stand

Post by answerhappygod »

The Eagle Ridge Contractors Association claims the average price
of a home in their subdivision is $125,150 with a standard
deviation of $7,350. A sample of 36 homes for sale in this
subdivision had an average selling price of $123,550. Is there
evidence that the costs of homes for sale in this subdivision are
different than claimed?
At a=0.05, The Null Hypothesis would be rejected
A. True B. False C. Neither True nor False D. Not enough
information to determine
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