Data were collected from the sale of 25 properties by a local real estate agent. The following printout concentrated on the land value variable from the sampled properties. HYPOTHESIS: MEAN X = x X = land_value SAMPLE MEAN OF X = 51,288 SAMPLE VARIANCE OF X = 273,643,254 SAMPLE SIZE OF X = 25 x = 46,845 MEAN X - x = 4443 t = 1.34293 D.F. = 24 P-VALUE = 0.1918585 P-VALUE/2 = 0.0959288 SD. ERROR = 3308.43 Suppose we are interested in testing whether the mean land value from this neighborhood differs from 46,845. Which hypotheses would you test? A) vs.
B) vs.
C) vs.
D) vs.
Correct Answer:
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