Before you can calculate your test statistic, you’ll have to calculate the SEM. Use the formula in the book/lecture to calculate the SEM. Put your value below. Remember that you will need to calculate the population standard deviation first (remember to use n rather than n-1 for the population standard deviation calculation). Round your response out to two decimal places, if you give more than two decimal places Canvas may count your answer as wrong

Pat is the manager of a real estate group that is part of a larger real estate company. Here are the total number of home sales from 2018 for all the agents at the entire company.

4, 5, 10, 4, 6, 7, 9, 11, 3, 4, 8, 9, 2, 4, 3, 12, 4, 5, 6, 3, 8, 9, 8, 7, 10, 4, 5, 7, 8, 6.

Pat wants to know if her own real estate group, which has 4 agents (the sample, in this case), has sold more homes than the rest of the company (the population). Your job is to tell me if these four agents (agents A, B, C, and D) differ in number of home sales from the population (the entire company). Remember that you need to calculate the population standard deviation first.

Agent	Number of  Homes  Sold in 2018
A	6
B	7
C	8
D	10

Answer rating: 100% (QA)

Solution 1 The null hypothesis H0 The sample drawn from the population reflects the population or M ... View the full answer