Question: a) (4pts) Determine the null and alternative hypotheses. b) (4pts) If the sample indicates that the null hypothesis should not be rejected, state the conclusion


a) (4pts) Determine the null and alternative hypotheses. b) (4pts) If the sample indicates that the null hypothesis should not be rejected, state the conclusion of Mr. Pineda's claim. c) (4pts ) Assume that the mean price of all houses in Orange County is $675,000. Has a Type I or Type II error has been made? d) (3pts) If we tested the hypothesis at the o = .05 level significant. What is the probability of committing a Type | error? e) (3pts) If we tested the hypothesis at the o = .01 level significant. What is the probability of committing a Type II error
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