Suppose that a realtor is interested in comparing the price of midrange homes in two cities in a Midwestern state.She conducts a small survey in the two cities looking at the price of midrange homes.Assume equal population variances. Setup the alternative hypothesis to test the claim that there is a difference in the mean price of midrange homes of the two cities. A)µ_a - µ_b = 0 B)µ_a - µ_b $\neq$ 0 C)µ_a - µ_b 0 D)µ_a - µ_b

Question

Suppose that a realtor is interested in comparing the price of midrange homes in two cities in a Midwestern state.She conducts a small survey in the two cities looking at the price of midrange homes.Assume equal population variances. Setup the alternative hypothesis to test the claim that there is a difference in the mean price of midrange homes of the two cities. A)µ_a - µ_b = 0 B)µ_a - µ_b $\neq$ 0 C)µ_a - µ_b > 0 D)µ_a - µ_b < 0

Quizplus · Accepted Answer

The alternative hypothesis should state that there is a difference in the mean price of midrange homes between the two cities, so the correct choice is B, which uses the symbol for not equal to (≠) in the hypothesis. The other choices do not accurately reflect the idea of testing for a difference in means.

Suppose That a Realtor Is Interested in Comparing the Price ≠\neq=

Suppose That a Realtor Is Interested in Comparing the Price $\neq$