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Suppose That a Realtor Is Interested in Comparing the Price ≠\neq

Question 89

Multiple Choice

Suppose that a realtor is interested in comparing the price of midrange homes in two cities in a Midwestern state.She conducts a small survey in the two cities looking at the price of midrange homes.Assume equal population variances. Suppose that a realtor is interested in comparing the price of midrange homes in two cities in a Midwestern state.She conducts a small survey in the two cities looking at the price of midrange homes.Assume equal population variances. Setup the alternative hypothesis to test the claim that there is a difference in the mean price of midrange homes of the two cities. A) µ<sub>a</sub> - µ<sub>b</sub> = 0 B) µ<sub>a</sub> - µ<sub>b</sub> \neq 0 C) µ<sub>a</sub> - µ<sub>b</sub> > 0 D) µ<sub>a</sub> - µ<sub>b</sub> < 0 Setup the alternative hypothesis to test the claim that there is a difference in the mean price of midrange homes of the two cities.


A) µa - µb = 0
B) µa - µb ≠\neq 0
C) µa - µb > 0
D) µa - µb < 0

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