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A Large University Claims That the Average Cost of Housing

Question 14

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A large university claims that the average cost of housing within three miles of the campus is $6900 per school year. A high school student is preparing her budget for her freshman year at the university. She is concerned that the university's estimate is too low. Having taken AP Statistics, she decides to perform the following test of hypothesis: H0: A large university claims that the average cost of housing within three miles of the campus is $6900 per school year. A high school student is preparing her budget for her freshman year at the university. She is concerned that the university's estimate is too low. Having taken AP Statistics, she decides to perform the following test of hypothesis: H<sub>0</sub>: = 6900 versus H<sub>a</sub>: > 6900, where represents the average cost of housing per year within three miles of the university. Describe the Type I error for this problem. ________________________________________________________ Describe the Type II error for this problem. ________________________________________________________ Which error has more serious consequences for the student? ________________________________________________________ = 6900 versus Ha: A large university claims that the average cost of housing within three miles of the campus is $6900 per school year. A high school student is preparing her budget for her freshman year at the university. She is concerned that the university's estimate is too low. Having taken AP Statistics, she decides to perform the following test of hypothesis: H<sub>0</sub>: = 6900 versus H<sub>a</sub>: > 6900, where represents the average cost of housing per year within three miles of the university. Describe the Type I error for this problem. ________________________________________________________ Describe the Type II error for this problem. ________________________________________________________ Which error has more serious consequences for the student? ________________________________________________________ > 6900, where A large university claims that the average cost of housing within three miles of the campus is $6900 per school year. A high school student is preparing her budget for her freshman year at the university. She is concerned that the university's estimate is too low. Having taken AP Statistics, she decides to perform the following test of hypothesis: H<sub>0</sub>: = 6900 versus H<sub>a</sub>: > 6900, where represents the average cost of housing per year within three miles of the university. Describe the Type I error for this problem. ________________________________________________________ Describe the Type II error for this problem. ________________________________________________________ Which error has more serious consequences for the student? ________________________________________________________ represents the average cost of housing per year within three miles of the university.
Describe the Type I error for this problem.
________________________________________________________
Describe the Type II error for this problem.
________________________________________________________
Which error has more serious consequences for the student?
________________________________________________________

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A Type I error would occur if the studen...

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