company will purchase the house of any employee who is transferred out of state and will handle all details of reselling the house. The purchase price is based on two assessments, one assessor being chosen by the employee and one by the company. Based on the sample of eight assessments shown, do the two assessors agree? Use the .01 level of significance. Assessments of Eight Homes (5 thousands) Home 3 Home 4 Home 2 455 278 470 285 Assessed by Home 1 328 318 Company Employee 350 345 Home 5 Home 6 290 285 310 280 Home 7 535 525 Home 81 745 765
(b) State the decision rule for .01 level of significance. (Round your answers to 2 decimal places. A negative indicated by a minus sign.) Reject the null hypothesis if fcalo < or fealc?
A certain A certain company will purchase the house of any employee who is transferred out of state and will handle all details of
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