Conduct a 95 Hypothesis Test (i e , 05) to determine if the Mean Price of Houses is greater than $250,000 Use aPopulation Standard Deviation of $172,000 for the Z test What is the Lower Limit of the 95 Confidence Test What is the Upper Limit of the 95 Confidence Test What are your Hypotheses for the Z test What is your decision rule What is your decision regarding the Null Hypothesis

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Question: Conduct a 95% Hypothesis Test (i.e., = .05) to determine if the Mean Price of Houses is greater than $250,000.Use aPopulation Standard Deviation of $172,000

Conduct a 95% Hypothesis Test (i.e., = .05) to determine if the Mean Price of Houses is greater than $250,000.Use aPopulation Standard Deviation of $172,000 for the Z-test.

What is the Lower Limit of the 95% Confidence Test?
What is the Upper Limit of the 95% Confidence Test?
What are your Hypotheses for the Z-test?
What is your decision rule?
What is your decision regarding the Null Hypothesis?

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