The Claim of a Local Real Estate Agent Is That

question 67

Essay

The claim of a local real estate agent is that the median selling price of homes in a major city is more than $200,000. Suppose a random sample of 100 homes sold in the last six months is taken and 53 sold for over $200,000.
-State the null and alternative hypotheses to test the claim.Assume that the population of selling prices is not normally distributed.

Understand the role of citizen journalism and niche reporting in the broader media ecosystem.

Recognize the impact of social media on information consumption and political polarization.

Acknowledge the digital divide and its implications for information access and equity among different demographics.

Understand and apply basic operations to start, format, save, and exit documents in Word.

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Definitions:

Reverse Stock Split

A corporate action that consolidates the number of existing shares of stock into fewer, proportionally more valuable, shares.

Shares Outstanding

The sum of all shares of a company currently held by its investors, encompassing both large block holdings by institutional investors and shares that are under restrictions.

Liquidating Dividend

A type of dividend paid by a corporation out of its capital base, as opposed to its earnings, often signaling the company is dissolving.

Dividend Policy

A company's approach to distributing profits back to its shareholders, dictating how much to pay out as dividends and how often.