A newspaper story daims that more houses are purchased by singles now than singles 5 years ago. To test this claim, two studies were conducted on the buying habits of singles over the past 5 years. In the first study, 500 house purchases in the current year were randomly selected and 150 of those were made by singles. In the second study, again 500 house purchases were randomly selected from 5 years ago and 121 of those were made by single people. Test the newspaper's claim using a 0.05 level of significance. Is there sufficient evidence to support the newspaper's claim? Let singles now be Population 1 and let singles 5 years ago be Population 2. Step 1 of 3: State the null and alternative hypotheses for the test. Fill in the blank below. Ho :P1-P₂ = 0 H. : P1 - P₂___ _0
A newspaper story daims that more houses are purchased by singles now than singles 5 years ago. To test this claim, two studies were conducted on the buying habits of singles over the past 5 years. In the first study, 500 house purchases in the current year were randomly selected and 150 of those were made by singles. In the second study, again 500 house purchases were randomly selected from 5 years ago and 121 of those were made by single people. Test the newspaper's claim using a 0.05 level of significance. Is there sufficient evidence to support the newspaper's claim? Let singles now be Population 1 and let singles 5 years ago be Population 2. Step 1 of 3: State the null and alternative hypotheses for the test. Fill in the blank below. Ho :P1-P₂ = 0 H. : P1 - P₂___ _0
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 10CYU
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