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 p-value for a one-sided test of the data provided above?
Price: $2.99
Solution: The answer consists of 1 page
Deliverables: Word Document
Deliverables: Word Document
