Realtor Elaine Snyderman took a random sample of 12 homes in a prestigious suburb of
Chicago and found the average appraised market value to be $780,000, and the standard
deviation was $49,000. Test the hypothesis that for all homes in the area, the mean appraised
value is $825,000 against the alternative that it is less than $825,000. Use the 0.05 level of
significance

Answers

Answer 1

Using the t-distribution, it is found that since the p-value of the test is of 0.0044 < 0.05, it can be concluded that found the average appraised market value is less than $825,000.

The null hypothesis is:

[tex]H_0: \mu = 825000[/tex]

The alternative hypothesis is:

[tex]H_1: \mu < 825000[/tex]

We have the standard deviation for the sample, thus, the t-distribution is used. The test statistic is given by:

[tex]t = \frac{\overline{x} - \mu}{\frac{s}{\sqrt{n}}}[/tex]

The parameters are:

[tex]\overline{x}[/tex] is the sample mean.

[tex]\mu[/tex] is the value tested at the null hypothesis.

s is the standard deviation of the sample.

n is the sample size.

For this problem, the values of the parameters are: [tex]\overline{x} = 780000, \mu = 825000, s = 49000, n = 12[/tex].

The value of the test statistic is:

[tex]t = \frac{\overline{x} - \mu}{\frac{s}{\sqrt{n}}}[/tex]

[tex]t = \frac{780000 - 825000}{\frac{49000}{\sqrt{12}}}[/tex]

[tex]t = -3.18[/tex]

The p-value of the test is found using a left-tailed test, as we are testing if the mean is less than a value, with t = -3.18 and 12 - 1 = 11 df.

Using a t-distribution calculator, it is of 0.0044.

Since the p-value of the test is of 0.0044 < 0.05, it can be concluded that found the average appraised market value is less than $825,000.

A similar problem is given at https://brainly.com/question/25369247


Related Questions

(3)a train travel 252 km in 42 hours. what amount of time will it take to complete a journey of 350km. (4) calculate the cost of 15 article at $1.95 each cost. (5) if 25 article cost 43.75 how much does each cost. (6) A car travel 240km on 20 liter of petrol. how many liters of petrol is needed to travel 600km​

Answers

Answer:

(3)

Distance the train can travel=252km

Distance the train can travel in 1 hour=252÷42=6km

The time needed to cover 350km= 350÷6=58.4 hours.

(4)

The cost of 1 articles=$1.95

The cost of 15 articles= 15(1.95)=$29.25

(5)

Cost of 25 articles= 43.75

Cost of 1 article= 43.75/25=1.75

(6)

Liters of petrol needed when a car travels 240km=20litre

liters of petrol needed when a car travels 600km= 20/240 x600

20/24x60

20/4x10

5x10=50liter

78 divided by 21?:-:

Answers

Answer:

3.7 or 3.71428571429

Step-by-step explanation:

:/

Answer:

3.714

Step-by-step explanation:

78/21 is 3.71428571429 but you can round that to 3.714

hen Max was a puppy, he weighed 512 pounds. At his 1-year check-up with the vet, Max weighed 15.8 pounds.

How much weight did Max gain between the time he was a puppy and his 1-year check-up?

Enter your answer as a decimal or simplified mixed number in the box.

Answers

Answer:

10.3lbs or 10 3/10 as a mixed number

Step-by-step explanation:

i have the same question on my test so i know this is right but here's an explanation: so 5 1/2 pounds is the same as 5.5 pounds, and if you add 10 pounds to 5.5 pounds, you get 15.5 pounds, which is 3 ounces away from 15.8 pounds. so adding 3 ounces to the 10 pounds, then adding that to the 5.5 pounds, you would get 15.8. therefore, your answer is 10.3lbs.

The puppy gained 10.3 pounds of weight in 1 year.

What is subtraction?

Subtraction is one of the arithmetical operations, to subtract means to take away from a group or a number of things.

Given that, Max was a puppy, he weighed [tex]5\frac{1}{2}[/tex] pounds. At his 1-year check-up with the vet, Max weighed 15.8 pounds.

[tex]5\frac{1}{2}[/tex] pounds = 5.5 pounds

Weight before 1 year = 5.5 pounds

Weight after 1 year = 15.8 pounds

Weight gained by the puppy in 1 year = 15.8-5.5 = 10.3 pounds

Hence, the puppy gained 10.3 pounds.

For more references on subtraction, click;

https://brainly.com/question/2346316

#SPJ2

Simplify to the form of a square root of b

Answers

Answer:

If we substitute a and b to equal 6 for example

it would be

6

2

+

6

2

it would equal 8.5(1.d.p) as it would be written as

36

+

36

giving a standard form as

72

However if it was

6

2

+

6

2

it would equal 12 as the

and

^

2

would cancel out to give the equation 6+6

Therefore

a

2

+

b

2

cannot be simplified unless given a substitution for a and b.

I hope this isn't too confusing.

Step-by-step explanation:

14. Explain why a rotation of positive 180 degrees is the same as a rotation of -180 degrees.​

Answers

Answer:

t is the same because...

Step-by-step explanation:

turning -180 is like turning right turning left no matter how you turn you will still be in the opposite from which you started

I can use structure to decide where to place the first digit in a quotient. A strongly agree B. agree C. disagree qD. strongly disagree​

Answers

Answer: For this question, it's just like a self-survey. If you understand this concept strongly or not really, you go with that answer like strongly agree, agree, etc.

in an auditorium,there are 104 rows with 24 seats in each row.how many seats are available?

Answers

Answer:

2,496 seats

Step-by-step explanation:

If there are 104 rows with 24 seats in EACH row, we must multiply to find the answer. Which is gives you the equation: 104 x 24 = 2,496

hope this helps!

mark me brainliest :D

Two students are working on the same homework assignment. Antonia has completed 18 out of 45 questions. Oliver has completed 20% of the questions. Which student has completed the most questions, and why?

Answers

Answer:  Your anwser who has the most completed it would be the person with 18 questions anwsered out of 45

Step-by-step explanation:

The reason of this is becuase 20 percent of 45 if 9 and thats 9 questions out of 45 so 18 questions out of 45 is more

please mark brainliest thank you

There are about 3 × 1020 gallons of salt water on the earth, while there are about 6 × 1018 gallons of fresh water. About how many times the amount of fresh water is the amount of salt water? 200 times the amount 500 times the amount 2 times the amount 50 times the amount

Answers

Answer C

Step-by-step explanation:

A definition of a statistical question is given below.
Statistical question:
Any question whose answer could involve working with more than one data value.
In each situation below, determine whether the question is a statistical question.

Answers

Answer:

I dont know

Step-by-step explanation:

First 2 are statistical, because you are asking more than one person, which will result in more than one number(more than one data value)

The other questions are about one person asking one other person about something to get numerical data.
If you only ask 1 person, you will have 1 answer. 1 answer is one data value, but statistical questions must have more than one data value.

63% to fraction
[tex] \frac{63}{?100} [/tex]

Answers

Follow the steps mentioned below to write 0.63 as a fraction.

Step 1: Determine the number of digits after the decimal point in the decimal number. Here, there are 2 digits after the decimal point.

Step 2: Remove the decimal point and write the number by the power of 10 which is equal to the number of digits after the decimal point. So, here we will divide 63 by 102

Step 3: Express the fraction in simplified form.

So, 0.63 as a fraction is,

0.63 = 63/100

1)cot a/2 -tan a/2 = 2 cot a
2) cot b/2 + tan b/2= 2 cosec b
prove​

Answers

1)

LHS = cot(a/2) - tan(a/2)

= (1 - tan^2(a/2))/tan(a/2)

= (2-sec^2(a/2))/tan(a/2)

= 2cot(a/2) - cosec(a/2)sec(a/2)

= 2(1+cos(a))/sin(a) - 1/(cos(a/2)sin(a/2))

= 2 (1+cos(a))/sin(a) - 2/sin(a)) (product to sums)

= 2[(1+cos(a) -1)/sin(a)]

=2cot a

= RHS

2.

LHS = cot(b/2) + tan(b/2)

= [1 + tan^2(b/2)]/tan(b/2)

= sec^2(b/2)/tan(b/2)

= 1/sin(b/2)cos(b/2)

using product to sums

= 2/sin(b)

= 2cosec(b)

= RHS

Customers at a gym pay a membership fee to join and then a fee for each class they attend. Here is a graph that represents the scenario.

What is the slope of the line?

Answers

where is the graph ? i can help

Weverton Cliffs is a hiking trail in Maryland. This trail is 3 inches long on a map that has a scale of 7 ½ inches = 15 miles.

If Sarah hikes Weverton Cliffs from beginning to end and returns along the same trail, what is the total distance she hikes?

A. 3 miles
B. 6 miles
C. 12 miles
D. 18 miles

Answers

Answer: Is 6

Step-by-step explanation: Because 1 mile = 1/2. Is this helpful?

I have to get this done by today pls help me

Answers

Answer:

16

Step-by-step explanation:

d = 800

t = ( 1 / 500 ) d

t = ( 1 / 500 ) 800

 = 800 / 500

t = 1.6 hours

Find the value of e.

Answers

Step-by-step explanation:

sum of three angles in a triangle is 180

55+35+x=180

90+x=180

x=180-90

x=90

solve for x! please help giving BRAINLIEST.

Answers

Answer:

its 45

Step-by-step explanation:

x + 3 ? 3 = x what factor do I use in between 3 and 3

Answers

Answer:

1 or 3

Step-by-step explanation:

factors of 3 r 1 and 3

that's why 3 is a prime number

I need help with part a and b please

Answers

Answer:

The total answer should be 38 on the top

Step-by-step explanation:

a) So the first partial quotient would be equal to 30 as 31 x 30 = 930

b) Second partial quotient would be 8 as 31 x 8 = 248

Answer:

0

38

I hope it's help byeeee

Where do I put the parenthesis to make it true?

5 – 6w – 5 – 95 + 2w = –48w – 70

Answers

Answer:

i just stole your points thank you

Step-by-step explanation:

5 – 6w – 5 – 95 + 2w = –48w – 70

-6w + 2w + 48w = -70 -5 + 5 +95

44w = 25

w=25/44

need help, im confused​

Answers

Answer:

  Part A: correct

  Part B: $20

Step-by-step explanation:

Part B:

The amount Vanessa pays for her printer and 2 cartridges is ...

  $90 +2(25) = $140

The amount Tia pays for her printer and 2 cartridges (c=2) is ...

  t = 80 +20(2) = 120 . . . . dollars

Then the difference in the amounts they pay is ...

  $140 -120 = $20

if a shirt is 50$ and is on sale for 20% off how much wil you pay with 6% sales tax

Answers

Answer:

42.4 is the correct answer to this question

Determine the inverse of the function f(x) = 3(x - 4)^2 + 5.

Answers

f(x) as given has no inverse. We see that, for instance, f(1) = f(7) = 32; that is, two different values of x give the same value of f(x), so f is not one-to-one.

We can however restrict the domain over which f is defined to extract an invertible function. One such choice would be to restrict to the interval x ≥ 4, which I'll demonstrate below.

Recall the definition of function inverse:

f(f^(-1)(x)) = x

Then for this function, we have

3 (f^(-1)(x) - 4)² + 5 = x

3 (f^(-1)(x) - 4)² = x - 5

(f^(-1)(x) - 4)² = (x - 5)/3

√((f^(-1)(x) - 4)²)= √((x - 5)/3)

For all x, √(x²) = |x|. Then √((f^(-1)(x) - 4)²) = |f^(-1)(x) - 4|, but by restricting x ≥ 4, or x - 4 ≥ 0, we have the condition that f^(-1)(x) - 4 ≥ 0, and so by definition (of the absolute value function) the absolute value reduces to the positive case. In short, we end up with

f^(-1)(x) - 4 = √((x - 5)/3)

and hence the inverse

f^(-1)(x) = √((x - 5)/3) + 4

What is the equation of the line??

Answers

Answers:

m = -2/3

b = 1

equation:  y = (-2/3)x + 1

This is the same as writing [tex]y = -\frac{2}{3}x+1[/tex]

===========================================================

Explanation:

There are a few approaches, but I like to start at the y intercept whenever it is an integer. The y intercept is where the diagonal line crosses the vertical y axis. In this case, that location is (0,1) telling us that b = 1 is the y intercept.

From that starting anchor point, we need to find a way to get to another point on this line. There are a few ways to do this, but we can move down 2 and to the right 3 units to go from (0,1) to (3,-1). This "down 2 right 3" motion directly leads to the slope of rise/run = -2/3

---------------

Alternatively, you can start at something like (-3,3) and move down 4 and move right 6 to arrive at (3,-1). Note how rise/run = -4/6 = -2/3. No matter where you start, moving along this line will involve a "down 2 right 3" movement pattern. Be sure to reduce any fractions as much as possible.

Yet another alternative is to apply the slope formula using any two points on the line. Preferably they have integer coordinates.

----------------

However you determine the slope, it's m = -2/3 after fully reducing. It along with b = 1 is plugged into y = mx+b to get y = (-2/3)x+1 as the equation of this line. It's in slope intercept form.

Sum of the Angles of a Triangle

If the three angles of a triangle

are equal, what is the

measurement of each angle?

B

C

[?] degrees

Answers

9514 1404 393

Answer:

  60°

Step-by-step explanation:

If the measure of the angle is represented by A, then the sum of the three angles in the triangle is ...

  A +A +A = 180°

  3A = 180° . . . . . . . simplify

  A = 180°/3 = 60° . . . . . divide by the coefficient of A

The three angles in an equi-angular triangle are all 60°.

__

Additional comment

If the angles are equal, so are the opposite sides. The three sides in an equi-angular triangle are also equal. Generally, such a triangle is called an equilateral triangle. It is useful to remember the angles in an equilateral triangle are all 60°.

One interesting consequence of this is that the smallest angle in any triangle can never be larger than 60°.

Jerome makes and sells his own energy drinks. He mixes a liquid drink mix with water to create his own special blend. Jerome usually uses 8 cups of water and 3 cups of drink mix. Tomorrow, there is a road race in town, however, and Jerome thinks he’ll be able to sell a lot more of his energy drinks than usual. Jerome’s brother told him to add one cup of water for every one cup of drink mix he added to keep the ratio of water to drink mix the same and still increase the total amount of energy drink. Jerome’s sister told him to multiply both the amount of water and the amount of drink mix by the same number to keep the ratio the same and still increase the total amount of energy drink. Who is correct: Jerome’s brother or Jerome’s sister? As you complete the task, keep this question in mind: Based on what you know about ratios, what do you think the answer will be? Directions: Complete each task, reading the directions carefully as you do. You will be graded on the work you show, or your solution process, in addition to your answers. Make sure to show all your work and to answer each question as you complete the task. Type all of your work into this document so you can submit it to your teacher for a grade. You will be given partial credit based on the work you show and on the completeness and accuracy of your explanations. Your teacher will give you further directions on submitting your work. You may be asked to upload the document, e-mail it to your teacher, or hand in a hard copy. Now let’s get started! Step 1: Finding the part-to-part and part-to-whole ratios To make his special energy drink, Jerome uses 8 cups of water and 3 cups of drink mix. What is the ratio of water to drink mix? (2 points) What is the ratio of drink mix to water? (2 points) What is the ratio of drink mix to mixed energy drink? (2 points) What is the ratio of water to mixed energy drink? (2 points) Step 2: Testing Jerome’s brother’s approach Jerome’s brother told him to add one cup of water for every one cup of drink mix he add

Answers

Answer:

not well explained??

Step-by-step explanation:

?? explain it better bro.

Solve the equation for the given variable
1/2 +y= 2/3

A) y=1/6
B) y=1/3
C) y=1/3
D) y=1 1/6

Answers

Answer:

y= (2/3)-(1/2)

= (4-3)/6

= 1/6

=> A

Step-by-step explanation:

Mr. and Mrs. Ramirez both have jobs for which 22% of their earnings are taken out of their paychecks for taxes. How much would they need to earn together per month before taxes to have enough income to cover all the expenses in their budget?

Answers

Answer:

ñ

Step-by-step explanation:

ñ

Help I have a C in math. I don't understand this Alegbra. If you get it right then I will give you Brainlist!​

I know I already got the right answer so please give an explanation too!​​

Answers

Answer:

11

Step-by-step explanation:

to find the area of a square: base times height, we know that all sides of a square are the same. So, 11*11

=121, the answer is 11

Answer:

11 in.

Step-by-step explanation:

The canvas has the shape of a square.

The area of a square is the side times the side, but since in a square, all sides have equal lengths, then the area of a square is the square of the side.

You are given the area. You need to find the side.

The area is the square of the side, so the side is the square root of the area.

side = √area

side = √(121 in.²)

side = 11 in.

Hi, someone else asked this question and I know that the answer is 6, but don’t know why. Could someone explain this for me, please? If you can make me understand I’ll give you brainliest…

Answers

Answer:

6

Step-by-step explanation:

I'm not exactly sure, but since 6 is the only number missing from this pattern, wouldn't it make sense for the answer to be 6?

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