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Preliminary data analyses indicates that use of a paired t-test is reasonable. Perform the hypothesis test by using eitherthe critical-value approach or the P-value approach as indicated. Assume that the null hypothesis is
-A coach uses a new technique to train gymnasts. 7 gymnasts were randomly selected and their competition scores were recorded before and after the training. The results are shown below. At the 1% significance level, do the data provide sufficient evidence to conclude that the training technique is effective in raising scores? Use the P-value approach.
Property Taxes
Taxes paid by property owners to local governments based on the assessed value of their real estate.
Depreciation
An accounting method of allocating the cost of a tangible asset over its useful life.
Insurance
A contract represented by a policy in which an individual or entity receives financial protection or reimbursement against losses from an insurance company.
Schedule E
A tax form used to report income and losses from rental property, royalties, partnerships, S corporations, estates, and trusts.
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