A Random Sample of 100 Families in a Large City

question 67

Essay

A random sample of 100 families in a large city revealed that on the average these families have been living in their current homes for 35 months. From previous analyses, we know that the population standard deviation is 30 months.
Can we conclude at the 5% significance level that the true mean number of months families in this city have been living in their current homes is at least 30 months?

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Definitions:

Leadership Style

The manner and approach of providing direction, implementing plans, and motivating people, varying widely among leaders based on their individual personality, and the culture of the organization.

Product Quality

The degree to which a product or service meets or exceeds customer expectations in terms of durability, reliability, design, functionality, and performance.

Follower's Ability

The capacity of an individual to effectively follow guidance, execute instructions, and support leaders in achieving organizational goals.

Situational Leadership

A leadership style that suggests the most effective approach may vary depending on situation factors, such as the maturity level of team members.