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Score: 0 25 of 1 pt 4 of 13 (13 HYV Score: 84 62%, 11 of 13 pts Question Hep Sec

ID: 3261883 • Letter: S

Question

Score: 0 25 of 1 pt 4 of 13 (13 HYV Score: 84 62%, 11 of 13 pts Question Hep Section 18.4 Exercise 11-T The heusing market has recovered sloy fom the economic crisis of 2008 Recendy,in one large community, realtors candomly sampled 26 bids bonm n value Was the communty shudied by he realtors unusual? Use a t-Hest to deckde &the; average loss observed was significanthy & Tests Study Plan Stutie the hypotheses (The mean home value lost in the communitly is denoted by Round to twa deimal places as neee Purchase Optons Enter your answer in the answer box and then and then dlck cheo Answer 5

Explanation / Answer

Test statistic =( (9512-8897)/1007)*Sqrt(26) = 3.11 (rounded to two decimal places)

So, answer is 3.11

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