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Question 36

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Use the following to answer questions :
A researcher wants to test if the mean price of houses in an area is greater than $145,000.A random sample of 35 houses selected from the area produces a mean price of $149,700.Assume that Use the following to answer questions : A researcher wants to test if the mean price of houses in an area is greater than $145,000.A random sample of 35 houses selected from the area produces a mean price of $149,700.Assume that   $13,100,and that the test is to be made at the 1% significance level. -What is the critical value of z? A) 1.88 B) 2.17 C) 1.96 D) 2.58 $13,100,and that the test is to be made at the 1% significance level.
-What is the critical value of z?


A) 1.88
B) 2.17
C) 1.96
D) 2.58

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