SCENARIO 10-3 a Real Estate Company Is Interested in Testing-Referring to Scenario 10-3, Suppose

The Answer of SCENARIO 10-3 a Real Estate Company Is Interested in Testing-Referring to Scenario 10-3, Suppose

SCENARIO 10-3 a Real Estate Company Is Interested in Testing-Referring to Scenario 10-3, Suppose

The Answer of SCENARIO 10-3 a Real Estate Company Is Interested in Testing-Referring to Scenario 10-3, Suppose

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SCENARIO 10-3
a Real Estate Company Is Interested in Testing

question 203

Multiple Choice

SCENARIO 10-3
A real estate company is interested in testing whether the mean time that families in Gotham have been living in their current homes is less than families in Metropolis.Assume that the two population variances are equal.A random sample of 100 families from Gotham and a random sample of 150 families in Metropolis yield the following data on length of residence in current homes.
$SCENARIO 10-3 A real estate company is interested in testing whether the mean time that families in Gotham have been living in their current homes is less than families in Metropolis.Assume that the two population variances are equal.A random sample of 100 families from Gotham and a random sample of 150 families in Metropolis yield the following data on length of residence in current homes. Gotham: \bar { X } _ { \mathrm { G } } = 35 \text { months, } \quad S _ { \mathrm { G } } { } ^ { 2 } = 900 \quad \text { Metropolis: } \quad \bar { X } _ { \mathrm { M } } = 50 \text { months, } \mathrm { S } _ { \mathrm { M } } { } ^ { 2 } = 1050 -Referring to Scenario 10-3, suppose \alpha = 0.05.Which of the following represents the result of the relevant hypothesis test? A) The alternative hypothesis is rejected. B) The null hypothesis is rejected. C) The null hypothesis is not rejected. D) Insufficient information exists on which to decide.$ Gotham:
$\bar { X } _ { \mathrm { G } } = 35 \text { months, } \quad S _ { \mathrm { G } } { } ^ { 2 } = 900 \quad \text { Metropolis: } \quad \bar { X } _ { \mathrm { M } } = 50 \text { months, } \mathrm { S } _ { \mathrm { M } } { } ^ { 2 } = 1050$ $SCENARIO 10-3 A real estate company is interested in testing whether the mean time that families in Gotham have been living in their current homes is less than families in Metropolis.Assume that the two population variances are equal.A random sample of 100 families from Gotham and a random sample of 150 families in Metropolis yield the following data on length of residence in current homes. Gotham: \bar { X } _ { \mathrm { G } } = 35 \text { months, } \quad S _ { \mathrm { G } } { } ^ { 2 } = 900 \quad \text { Metropolis: } \quad \bar { X } _ { \mathrm { M } } = 50 \text { months, } \mathrm { S } _ { \mathrm { M } } { } ^ { 2 } = 1050 -Referring to Scenario 10-3, suppose \alpha = 0.05.Which of the following represents the result of the relevant hypothesis test? A) The alternative hypothesis is rejected. B) The null hypothesis is rejected. C) The null hypothesis is not rejected. D) Insufficient information exists on which to decide.$
-Referring to Scenario 10-3, suppose $\alpha$ = 0.05.Which of the following represents the result of the relevant hypothesis test?

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