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Data Were Collected from the Sale of 25 Properties by a Local

Question 92

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Data were collected from the sale of 25 properties by a local real estate agent. The following printout concentrated on the land value variable from the sampled properties.
HYPOTHESIS: MEAN X=xX = x
X= land value  SAMPLE MEAN OF X =51,611 SAMPLE VARIANCE OF X =273,643,254 SAMPLE SIZE OF X =25x=47,168 MEANX- x=4443t=1.34293 D.F. =24 P-VALUE =0.1918585P -VALUE /2=0.0959288 SD. ERROR =3308.43\begin{array}{rl}\text {X}&=\text { land} -\text { value }\\ \\\text { SAMPLE MEAN OF X }&=51,611\\\text { SAMPLE VARIANCE OF X }&=273,643,254\\\text { SAMPLE SIZE OF X }&=25\\x&=47,168\\\\\text { MEANX- } \mathrm{x} & =4443 \\\mathrm{t} & =1.34293 \\\text { D.F. } & =24 \\\text { P-VALUE } & =0.1918585 \\\text {P -VALUE } / 2 & =0.0959288 \\\text { SD. ERROR } & =3308.43\end{array}


What is the correct conclusion when testing a greater-than alternative hypothesis at α=.025\alpha = .025 ?


A) Accept H0H _ { 0 } .
B) Fail to reject Ha\mathrm { H } _ { \mathrm { a } } .
C) Reject H0H _ { 0 } .
D) Fail to reject H0H _ { 0 } .

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