Hello, I need help with this please. Attached, is the link I generated with the Pacific spreadsheet.

https://documentcloud.adobe.com/link/review?uri=urn:aaid:scds:US:8aca59d8-157b-46a6-924c-e84359cc9e2a

Scenario

You have been hired by the Regional Real Estate Company to help them analyze real estate data. One of the company's Pacific region salespeople just returned to the office with a newly designed advertisement. It states that the average cost per square foot of his home sales is above the average cost per square foot in the Pacific region. He wants you to make sure he can make that statement before approving the use of the advertisement. The average cost per square foot of his home sales is $275. In order to test his claim, you collect a sample of 1,001 home sales for the Pacific region.

Define your population parameter, including hypothesis statements, and specify the appropriate test.

• Define your population parameter.
• Write the null and alternative hypotheses. Note: Remember, the salesperson believes that his sales are higher.
• Specify the name of the test you will use.
• Identify whether it is a left-tailed, right-tailed, or two-tailed test.
• Identify your significance level.

Calculate the p value, describe the p value and test statistic in regard to the normal curve graph, discuss how the p value relates to the significance level, and compare the p value to the significance level to reject or fail to reject the null hypothesis.

• Determine the appropriate test statistic, then calculate the test statistic.
• Note:This calculation is (mean - target)/standard error. In this case, the mean is your regional mean (Pacific), and the target is 275.
• Calculate thepvalue.
• Note:For right-tailed, use the T.DIST.RT function in Excel, left-tailed is the T.DIST function, and two-tailed is the T.DIST.2T function. The degree of freedom is calculated by subtracting 1 from your sample size.
• Choose your test from the following:
• =T.DIST.RT([test statistic], [degree of freedom])
• =T.DIST([test statistic], [degree of freedom], 1)
• =T.DIST.2T([test statistic], [degree of freedom])
• Using the normal curve graph as a reference, describe where the p value and test statistic would be placed.

Discuss the relationship between the p value and the significance level, including a comparison between the two, and decide to reject or fail to reject the null hypothesis.

• Discuss how thepvalue relates to the significance level.
• Compare thepvalue and significance level, and make a decision to reject or fail to reject the null hypothesis.