A real estate company is analyzing the selling prices of residential homes in a given community.140 homes that have been sold in the past month are randomly selected and their selling prices are recorded.The statistician working on the project has stated that in order to perform various statistical tests,the data must be distributed according to a normal distribution.In order to determine whether the selling prices of homes included in the random sample are normally distributed,the statistician divides the data into 6 classes of equal size and records the number of observations in each class.She then performs a chi-square goodness-of-fit test for normal distribution.The results are summarized in the following table. What is the appropriate null hypothesis?
A) H0: The residential home selling prices are distributed according to a normal distribution.
B) H0: The residential home selling prices are not distributed according to a normal distribution.
C) H0: The distribution of residential home selling prices is either right or left skewed.
D) H0: The distribution of the residential home selling prices is symmetric.
E) None of the other answers is correct.
Correct Answer:
Verified
Q43: A paper presented at a recent meeting
Q45: A study of car accidents and drivers
Q46: A real estate company is analyzing the
Q47: A study of car accidents and drivers
Q49: A study of car accidents and drivers
Q50: A real estate company is analyzing the
Q51: Consider the 3 × 2 contingency table
Q52: A real estate company is analyzing the
Q53: Consider the 3 × 2 contingency table
Q93: A manufacturing company produces part QV2Y for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents