Math Solutions

[Solved] Refer to the Reef Estate data. which re orts information on the homes sold in Denver. Colorado, last year. A recent article in the Denver Post

Question: Refer to the Reef Estate data. which re orts information on the homes sold in Denver. Colorado, last year.

  1. A recent article in the Denver Post indicated that the mean selling price of the homes in the area is more than $220,000. Can we conclude that the mean selling price in the Denver area is more than $220,000? Use the .01 significance level. What Is the p-value?
  2. The same article reported the mean size was more than 2,100 square feet. Can we con-r elude that the mean size of homes sold in the Denver area is more than 2,100 square feet? Use the .01 significance level. What is the p-value?

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