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You Want to Test If More Than 20% of Homes

Question 1

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You want to test if more than 20% of homes in a neighborhood have recently been sold through a short sale, at a foreclosure auction, or by the bank following an unsuccessful foreclosure auction. You take a sample of 60 homes from this neighborhood and find that 14 fit your criteria. The appropriate null and alternative hypotheses are ________.


A) H0: You want to test if more than 20% of homes in a neighborhood have recently been sold through a short sale, at a foreclosure auction, or by the bank following an unsuccessful foreclosure auction. You take a sample of 60 homes from this neighborhood and find that 14 fit your criteria. The appropriate null and alternative hypotheses are ________. A) H<sub>0</sub>: ≤ 0.23, H<sub>A</sub>: > 0.23 B) H<sub>0</sub>: = 0.23, H<sub>A</sub>: ≠ 0.23 C) H<sub>0</sub>: p ≤ 0.20, H<sub>A</sub>: p > 0.20 D) H<sub>0</sub>: p = 0.20, H<sub>A</sub>: p ≠ 0.20 ≤ 0.23, HA: You want to test if more than 20% of homes in a neighborhood have recently been sold through a short sale, at a foreclosure auction, or by the bank following an unsuccessful foreclosure auction. You take a sample of 60 homes from this neighborhood and find that 14 fit your criteria. The appropriate null and alternative hypotheses are ________. A) H<sub>0</sub>: ≤ 0.23, H<sub>A</sub>: > 0.23 B) H<sub>0</sub>: = 0.23, H<sub>A</sub>: ≠ 0.23 C) H<sub>0</sub>: p ≤ 0.20, H<sub>A</sub>: p > 0.20 D) H<sub>0</sub>: p = 0.20, H<sub>A</sub>: p ≠ 0.20 > 0.23
B) H0: You want to test if more than 20% of homes in a neighborhood have recently been sold through a short sale, at a foreclosure auction, or by the bank following an unsuccessful foreclosure auction. You take a sample of 60 homes from this neighborhood and find that 14 fit your criteria. The appropriate null and alternative hypotheses are ________. A) H<sub>0</sub>: ≤ 0.23, H<sub>A</sub>: > 0.23 B) H<sub>0</sub>: = 0.23, H<sub>A</sub>: ≠ 0.23 C) H<sub>0</sub>: p ≤ 0.20, H<sub>A</sub>: p > 0.20 D) H<sub>0</sub>: p = 0.20, H<sub>A</sub>: p ≠ 0.20 = 0.23, HA: You want to test if more than 20% of homes in a neighborhood have recently been sold through a short sale, at a foreclosure auction, or by the bank following an unsuccessful foreclosure auction. You take a sample of 60 homes from this neighborhood and find that 14 fit your criteria. The appropriate null and alternative hypotheses are ________. A) H<sub>0</sub>: ≤ 0.23, H<sub>A</sub>: > 0.23 B) H<sub>0</sub>: = 0.23, H<sub>A</sub>: ≠ 0.23 C) H<sub>0</sub>: p ≤ 0.20, H<sub>A</sub>: p > 0.20 D) H<sub>0</sub>: p = 0.20, H<sub>A</sub>: p ≠ 0.20 ≠ 0.23
C) H0: p ≤ 0.20, HA: p > 0.20
D) H0: p = 0.20, HA: p ≠ 0.20

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