TABLE 10-3 a Real Estate Company Is Interested in Testing Whether the Whether

question 82

Multiple Choice

TABLE 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: G = 35 months, SG² = 900 Metropolis: M = 50 months, SM² = 1050
-Referring to Table 10-3, suppose α = 0.05. Which of the following represents the correct conclusion?

• A) There is not enough evidence that the mean amount of time families in Gotham have been living in their current homes is less than families in Metropolis.
• B) There is enough evidence that the mean amount of time families in Gotham have been living in their current homes is less than families in Metropolis.
• C) There is not enough evidence that the mean amount of time families in Gotham have been living in their current homes is not less than families in Metropolis.
• D) There is enough evidence that the mean amount of time families in Gotham have been living in their current homes is not less than families in Metropolis.

---

Definitions:

Ventura Aquifer

A natural underground layer of water-bearing permeable rock or materials, specifically located in or near Ventura, used for water extraction.

People-First Approach

A strategy or mentality that prioritizes the well-being and concerns of individuals above all other factors in decision-making processes.

Qualifying Information

Data or facts that help to assess, categorize, or qualify something for a specific purpose or criterion.

Squinting Modifier

A grammatical term for a misplaced modifier that creates ambiguity because it can logically modify the words before or after it, leading to unclear meaning.