Question:in 2018, homes in East Baton Rouge Parish sold for an average
of $239,000. You take...
Question
in 2018, homes in East Baton Rouge Parish sold for an average
of $239,000. You take...
in 2018, homes in East Baton Rouge Parish sold for an average
of $239,000. You take a random sample of homes in ascension parish
and find the average home sale price was $246,000 in 2018. You test
the hypothesis that that the mean of the home prices from ascension
parish is higher than the EBR mean. Suppose a P value for the test
is 0.045. At the 0.01 level of significance your conclusion
is:
a) there is evidence that the average home price of homes sold
in ascension parish in 2018 is higher than the average price of
homes sold in EBR Parish
B) there is no evidence that the average home price of homes
sold in ascension parish in 2018 is higher than the average price
of homes sold in EBR Parish
C) there's not enough information for decision making