If a real estate market is strong there will be a close relationship between the asking price for homes and the selling price.Suppose that one analyst believes that the mean difference between asking price and selling price for homes in a particular market area is less than $2,000.To test this using an alpha level equal to 0.05,a random sample of n = 15 homes that have sold recently was selected.The sample differences between asking price and selling price are in the following table:
Based on these sample data,what is the critical value expressed in dollars?
Definitions:
Neuroticism
A personality trait characterized by anxiety, fear, moodiness, worry, envy, frustration, jealousy, and loneliness.
Career Change
The process of switching from one profession or occupation to another, often involving retraining and the development of new skills.
Mental Health
refers to the state of someone’s emotional, psychological, and social well-being, affecting how they think, feel, and act.
Identity Certainty
A state of clear, secure understanding, and confidence in one's own sense of self, values, and beliefs.
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