Mathematics, 18.06.2020 21:57, iidoqeii16ovh8tk
The data in the Excel spreadsheet linked below indicate the selling prices of houses located on corner lots ("corner-lot houses") and of houses not located on corner lots. Conduct a one-sided hypothesis test of the claim that corner-lot houses have higher average selling prices than those located on non-corner lots. Using a 99% confidence level, which of the following statements do the data support?
A) Upscale, expensive neighborhoods have more street corners.
B) The average selling price of a corner-lot house is higher than that of the average house not located on a corner lot.
C) The average selling price of a corner-lot house is no more than that of the average house not located on a corner lot.
D) There is not enough evidence to support the claim that the average selling price of a corner-lot house is higher than that of the average house not located on a corner lot.
Answers: 3
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