The Eagle Ridge Contractors Association claims the average price of a home in their subdivision is $
Question: The Eagle Ridge Contractors Association claims the average price of a home in their subdivision is $125,150, with a standard deviation of $7,350. A sample of 36 homes for sale in this subdivision had an average selling price of $123,550. Is there evidence that the costs of homes for sale in this subdivision are actually lower than claimed?
What is the test value for the problem?
Price: $2.99
See Solution: The solution consists of 1 page
Deliverable: Word Document![](/images/msword.png)
Deliverable: Word Document
![](/images/msword.png)