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Suppose the null hypothesis is NOT rejected 3 years ago the mean price of a sing

ID: 3356019 • Letter: S

Question

Suppose the null hypothesis is NOT rejected
3 years ago the mean price of a single family home was 243,749. A real estate broker believed that the mean price has decreased since then. Which is correct? A. There is not sufficient evidence to conclude the mean price B. There is sufficient evidence to concluded the mean price Suppose the null hypothesis is NOT rejected
3 years ago the mean price of a single family home was 243,749. A real estate broker believed that the mean price has decreased since then. Which is correct? A. There is not sufficient evidence to conclude the mean price B. There is sufficient evidence to concluded the mean price Suppose the null hypothesis is NOT rejected
A. There is not sufficient evidence to conclude the mean price B. There is sufficient evidence to concluded the mean price

Explanation / Answer

the null hypothesis is NOT rejected

Answer :

A) There is not sufficient evidence to conclude the mean price.

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