A real estate company is interested in testing whether the mean time that families in Gotham have been living in their c

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A real estate company is interested in testing whether the mean time that families in Gotham have been living in their c

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A Real Estate Company Is Interested In Testing Whether The Mean Time That Families In Gotham Have Been Living In Their C 1
A Real Estate Company Is Interested In Testing Whether The Mean Time That Families In Gotham Have Been Living In Their C 1 (31.29 KiB) Viewed 65 times
A real estate company is interested in testing whether the mean time that families in Gotham have been living in their current homes is less than families in Metropolis. Assume that the two population variances are equal. A random sample of 100 families from Gotham and a random sample of 150 families in Metropolis yield the following data on length of residence in current homes Gotham: XG = 35 months, SG2 = 900 = = Metropolis: Xm= 50 months, SM? = = 1050 Which of the following represents the relevant hypotheses tested by the real estate company? O a. Ho: MG - MM sovs Hi: MG - MM> Ob. Ho:X-XM20 vs Hy: XG-XMO OC. Ho: MG-UM20 vs Hi: MG-UM<0 0 d. Ho: HG -UM=0 vs H1: HG -UM=0 Oe. None of the above
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