Question: Region :West South Central Purpose : To determine if the sample region (West South Central) housing prices and housing square footage are significantly different from

Region:West South Central

Purpose: To determine if the sample region (West South Central) housing prices and housing square footage are significantly different from those of the national market.

Sample:My sample derives from an original list of 1,001. Of the 1,001, I have taken 500 from the house listing price for West South Central at random. This sample includes states, countries, regions, house listing prices, cost per square footage, and listing of the homes' square footage.

Questions and type of test: define two hypothesis questions for a sample of 500 random.

[First hypothesis:Describe the population parameter for the variable you are analyzing.]

[First hypothesis:Describe your hypothesis.]

[First hypothesis: Identify the hypothesis test you will use (1-Tail or 2-Tail).]

[Second hypothesis:Describe the population parameter for the variable you are analyzing.]

[Second hypothesis:Describe your hypothesis.]

[Second hypothesis: Identify the hypothesis test you will use (1-Tail or 2-Tail).]

Level of confidence:[Discuss how you will use estimation and confidence intervals to help you solve the problem.]

1-Tail Test

Hypothesis: [Define the population parameter.]

Hypothesis: [Write null (Ho) and alternative (Ha) hypotheses.

Hypothesis: 0.05

Data analysis:

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!