Answered

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14. A researcher wants to know if the average price of a home in Salt Lake City is higher than the average home in the entire United States. If you know that the average home price in Salt Lake City is $450,000 and the average home price in the entire country is $425,000, please conduct the appropriate test to see if Salt Lake City is more expensive under the following two conditions: (make sure to state which test you are using - they should be different, your null and alternative hypotheses, your a level, the critical score for that test, your statistical conclusion based on the observed statistic, and the meaning of your statistical conclusion in words) a. when you are given the actual standard error of the entire population of the country to be $30,000. (25 points) b. when you are given the estimated population standard deviation of homes in Los Angeles to be $30,000 for 360,000 homes (25 points)​

Sagot :

Answer:

25000

Step-by-step explanation:

bc the proof is solid

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