To test this claim, i will generate a random sample size of 750 square foot listing prices, then use this data to perform a hypothesis test. Upon the results, if the null hypothesis. In this assignment we are going to perform a hypothesis testing on the information and research provided.
SOLUTION Mat 240 module five assignment Studypool
Mat 240 module five assignment template.
To test this claim, a hypothesis test will be performed using a random sample of size 750 from the pacific region data.
Snhu mat 240 module 2 assignment. To determine the answer, i generated a random sample of 750 homes in the pacific region by using the =rand () function in excel. We are going to determine if the average price per square foot of the. To obtain a random sample of 750 homes from the pacific region, i.
Hypothesis testing for regional real estate company 5 the test statistic tells us how many standard deviations away from the mean is our value. Hypothesis testing for regional real estate company 2 introduction the purpose of this analysis is to assist the employees at the regional real estate company determine if. I then selected the numbers and sorted them randomly. Introduction the random sample of 750 was obtained by.
Hypothesis test setup the population parameter i will be using is the pacific region's mean cost per square foot (µ), therefor the null hypothesis (h0) is µ = 280, and the alternate hypothesis.
The purpose of this analysis is to determine if the average cost per square foot of home sales in the pacific region is less than $280 as claimed by the salesperson. Given that this is a negative.
