Ninety four cities provided information on vacancy rates (in percent) in local apartments in the following...
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Ninety four cities provided information on vacancy rates (in percent) in local apartments in the following frequency distribution. The sample mean and the sample standard deviation are 8% and 4.0%, respectively. (You may find it useful to reference the appropriate table: chi-square table or Ftable) Vacancy Rate Less than 6 6 up to 9 9 up to 12 12 or more a. Apply the goodness-of-fit test for normality at the 5% significance level. Do the sample data suggest that vacancy rates do not follow the normal distribution? First, select the appropriate null and alternative hypotheses. Frequency 19 25 31 19 O Ho: Vacancy rates are not normally distributed with a mean of 8% and a standard deviation of 4%.; HA: Vacancy rates are normally distributed with a mean of 8% and a standard deviation of 4%. Ho: Vacancy rates are normally distributed with a hean of 8% and a standard deviation of 4%: HA: Vacancy rates are not normally distributed with a mean of 8% and a standard deviation of 4%. b. Calculate the value of the test statistic. (Do not round intermediate calculations and round final answer to 3 decimal places.) Test statistic 7.702 c. Find the p-value. Ⓒp-value <0.01 p-value 20.10 Ho: Vacancy rates are normally distributed with a mean of 8% and a standard deviation of 4%; HA: Vacancy rates are not normally distributed with a mean of 8% and a standard deviation of 4%. b. Calculate the value of the test statistic. (Do not round intermediate calculations and round final answer to 3 decimal places.) Test statistic 7.702 c. Find the p-value. Op-value < 0.01 Op-value 20.10 0.05 s p-value < 0.10 O 0.025 s p-value < 0.05 O 0.01 s p-value < 0.025 d. What is the conclusion? O Do not reject Ho: there is enough evidence to support the claim that the vacancy rates are not normally distributed O Reject Ho: there is enough evidence to support the claim that the vacancy rates are not normally distributed Do not reject Ho: there is enough evidence to support the claim that the vacancy rates are not normally distributed O Reject Ho: there is enough evidence to support the claim that the vacancy rates are not normally distributed Ninety four cities provided information on vacancy rates (in percent) in local apartments in the following frequency distribution. The sample mean and the sample standard deviation are 8% and 4.0%, respectively. (You may find it useful to reference the appropriate table: chi-square table or Ftable) Vacancy Rate Less than 6 6 up to 9 9 up to 12 12 or more a. Apply the goodness-of-fit test for normality at the 5% significance level. Do the sample data suggest that vacancy rates do not follow the normal distribution? First, select the appropriate null and alternative hypotheses. Frequency 19 25 31 19 O Ho: Vacancy rates are not normally distributed with a mean of 8% and a standard deviation of 4%.; HA: Vacancy rates are normally distributed with a mean of 8% and a standard deviation of 4%. Ho: Vacancy rates are normally distributed with a hean of 8% and a standard deviation of 4%: HA: Vacancy rates are not normally distributed with a mean of 8% and a standard deviation of 4%. b. Calculate the value of the test statistic. (Do not round intermediate calculations and round final answer to 3 decimal places.) Test statistic 7.702 c. Find the p-value. Ⓒp-value <0.01 p-value 20.10 Ho: Vacancy rates are normally distributed with a mean of 8% and a standard deviation of 4%; HA: Vacancy rates are not normally distributed with a mean of 8% and a standard deviation of 4%. b. Calculate the value of the test statistic. (Do not round intermediate calculations and round final answer to 3 decimal places.) Test statistic 7.702 c. Find the p-value. Op-value < 0.01 Op-value 20.10 0.05 s p-value < 0.10 O 0.025 s p-value < 0.05 O 0.01 s p-value < 0.025 d. What is the conclusion? O Do not reject Ho: there is enough evidence to support the claim that the vacancy rates are not normally distributed O Reject Ho: there is enough evidence to support the claim that the vacancy rates are not normally distributed Do not reject Ho: there is enough evidence to support the claim that the vacancy rates are not normally distributed O Reject Ho: there is enough evidence to support the claim that the vacancy rates are not normally distributed
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