A Random Sample of 15 Recent Home Sales Was Selected

question 74

Short Answer

A random sample of 15 recent home sales was selected to test the hypothesis that the area of a home, in square feet, and the selling price are positively correlated. The rejection region will fall in the ________ tail of a t distribution.

Apply principles of probability to calculate union, intersection, and complement probabilities.

Understand and identify different types of events including mutually exclusive and independent events.

Learn how to compute posterior probabilities using Bayes' theorem.

Calculate probabilities of events based on sample point probabilities.