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Mathematics, 12.02.2022 06:50 kmontanab00
A real estate agent is working for a developer who claims that the average commute time to downtown is 20 minutes with a standard deviation of 7 minutes. Stephon is an independent real estate agent and wants to check the times for his client. He took a random sample of 15 commute times and found an average of 26 minutes. He did hypothesis testing using a significance level of 5%. Which conclusion could he make? The z-statistic is 0. 22, so the null hypothesis should not be rejected. The z-statistic is 1. 69, so the null hypothesis should not be rejected. The z-statistic is 3. 32, so the null hypothesis should be rejected. The z-statistic is 3. 67, so the null hypothesis should be rejected.
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A real estate agent is working for a developer who claims that the average commute time to downtown...
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