Multiple Choice
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 = x X = land_value SAMPLE MEAN OF X = 51,315 SAMPLE VARIANCE OF X = 273,643,254 SAMPLE SIZE OF X = 25 x = 46,872 MEAN X - x = 4443 t = 1.34293 D.F. = 24 P-VALUE = 0.1918585 P-VALUE/2 = 0.0959288 SD. ERROR = 3308.43 What is the correct conclusion when testing a greater-than alternative hypothesis at α = .01?
A) Fail to reject H0.
B) Accept H0.
C) Reject H0.
D) Fail to reject Ha.
Correct Answer:

Verified
Correct Answer:
Verified
Q88: Researchers have claimed that the average
Q89: Consider a test of <span
Q90: A national organization has been working with
Q91: The business college computing center wants to
Q93: It is desired to test H0: μ
Q94: A local eat-in pizza restaurant wants
Q95: A consumer product magazine recently ran a
Q96: A small private college is interested
Q97: It is desired to test H0: μ
Q126: For the given rejection region, sketch the