Question: CH 22 Q5. During an economic crisis, the average value of homes in a community of 36 homes lost $9277 with a standard deviation of

CH 22 Q5.

During an economic crisis, the average value of homes in a community of 36 homes lost $9277 with a standard deviation of $1300. The average home value in the region lost $8150. Was this community of 36 homes unusual? Use a t-test to decide if the average loss observed was signicantly different from the region value. Use a level of signicance or = 0.05. Identify the hypotheses for the test. Help = 8750 HAip at srso

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