Homework help

q1 dat565 - Microsoft Word ngs Review View AaBbCcDd AaBbCcDd AaBbCc AaBbCci AaBl AaBbCc[ AaBbCcDd AaBbCcDd AaBE 1 Normal T No Spacing Heading 1 Heading 2 Title Subtle Emp. Emphasis Intens Paragraph Styles A Realtor claims that no more than half of the homes he sells are sold for less than the asking price. When reviewing a random sample of 15 sales over the past year, he found that actually 11 were sold below the asking price. (b-1) Calculate a p-value for the observed sample outcome, using the normal distribution. (Round your z-value to 2 decimal places. Round your answer to 4 decimal places.) p-value (c) Use Excel to calculate the binomial probability P(X2 11 | n = 15, ax = .50) = 1 - P(XS 10 | n = 15, xx = .50). (Round your answer to 4 decimal places.) P(X2 11) 2 (Ctrl) 9