Solved

Instruction 10-3
a Real Estate Company Is Interested in Testing XˉG=35\quad \bar { X } _ { G } = 35

Question 30

Multiple Choice

Instruction 10-3
A real estate company is interested in testing whether the mean time that families in Gotham have been living in their current homes is less than families in Metropolis. Assume that the two population variances are equal. A random sample of 100 families from Gotham and a random sample of 150 families in Metropolis yield the following data on length of residence in current homes.
Gotham: XˉG=35\quad \bar { X } _ { G } = 35 months, SG2=900S _ { G } { } ^ { 2 } = 900
Metropolis: XˉM=50\quad \bar { X } _ { M } = 50 months, SM2=1,050\quad S _ { M ^ { 2 } } = 1,050
-Referring to Instruction 10-3,which of the following represents the relevant hypotheses tested by the real estate company?


A) H0: μ\mu G - μ\mu M = 0 versus H1: μ\mu G - μ\mu M \neq 0
B) H0: μ\mu G - μ\mu M \le 0 versus H1: μ\mu G - μ\mu M > 0
C) H0:xˉGxˉM0 versus H1:xˉGxˉM<0H _ { 0 } : \bar { x } _ { G } - \bar { x } _ { M \geq 0 \text { versus } H _ { 1 } : } \bar { x } _ { G } - \bar { x } _ { M < 0 }
D) H0: μ\mu G - μ\mu M \ge 0 versus H1: μ\mu G - μ\mu M < 0

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions