A Real Estate Broker Claims That the Median Days That

question 74

Essay

A real estate broker claims that the median days that one of his listings stays on the market is 45 or less days.To test this,he has collected the following random sample of properties sold showing the days they were on the market prior to selling: The broker is unwilling to assume that the population data are normally distributed.
a.What is the correct null and alternative hypothesis to be tested?
b.What statistical test would you recommend be used to test this hypothesis?
c.Conduct the test and indicate what conclusion should be reached if we test at an alpha = .05 level?

Acknowledge the flexibility in viewing and printing calendar schedules (monthly, daily, weekly).

Learn how to customize the calendar display including the Work Week view and adding cities to the Weather Bar.

Understand the initial strategies and positions in negotiations and policy debates.

Recognize the role and impact of graphic materials and various communication techniques in presentations and persuasion.

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Definitions:

Oxytocin

A hormone and neurotransmitter involved in childbirth and lactation, also associated with empathy, trust, sexual activity, and relationship-building.

Stress

A feeling of emotional or physical tension that can come from any event or thought leading to frustration, anger, or nervousness.

Males and Females

The two primary categories of sex distinction in organisms, based on reproductive organs and functions.

Defensive Coping

Psychological strategies used unconsciously to protect oneself from anxiety, societal condemnation, or feelings of inferiority.