The claim of a local real estate agent is that the median selling price of homes in a major city is more than $200,000. Suppose a random sample of 100 homes sold in the last six months is taken and 53 sold for over $200,000
-Using $\alpha$ = .01,test the real estate agent's claim.What do you conclude about the selling prices of the homes?

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The Answer of The claim of a local real estate agent is that the median selling price of homes in a major city is more than $200,000. Suppose a random sample of 100 homes sold in the last six months is taken and 53 sold for over $200,000
-Using $\alpha$ = .01,test the real estate agent's claim.What do you conclude about the selling prices of the homes?

The Claim of a Local Real Estate Agent Is That α\alphaα

The Claim of a Local Real Estate Agent Is That $\alpha$