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According to the National Association of Home Builders, the average cost of building a home in the Northeast is $117.91
Posted: Sun Oct 03, 2021 11:20 am
by answerhappygod
- According To The National Association Of Home Builders The Average Cost Of Building A Home In The Northeast Is 117 91 1 (146.51 KiB) Viewed 124 times
According to the National Association of Home Builders, the average cost of building a home in the Northeast is $117.91 per square foot. A random sample of 33 new homes indicated that the mean cost was $120.14 and the standard deviation was $16. Can it be concluded that the mean cost differs from 117.91, using the 0.05 level of significance? a) State the hypotheses and identify the claim with the correct hypothesis. 01. Ho:p>$117.91 Not claim H:u=$117.91 claim 2. Ho:u<$117.91 Not claim H:p>$117.91 claim 3. Ho:u=$117.91 Not claim H:u=$117.91 claim b) Find the critical value (s). 1. CV=11.65 2. CV=11.96 3. CV= -2.58