Business, 29.10.2019 21:31 xxaurorabluexx
The average price of homes sold in the u. s. in 2012 was μ = $240,000. a sample of 144 homes sold in chattanooga in 2012 showed an average price of $246,000. the population standard deviation (σ) is known to be $36,000. we are interested in determining whether or not the average price of homes sold in chattanooga is significantly more than the national average. question: what sampling distribution should be used to test whether the chattanooga sample mean is significantly higher than the national average?
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The average price of homes sold in the u. s. in 2012 was μ = $240,000. a sample of 144 homes sold in...
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