ASSIGNMENT Scenario You have been hired by the Regional Real Estate Company to help them analyze real estate data. One of the company’s Pacific region salespeople just returned to the office with a newly designed advertisement. The average cost per square foot of home sales based on this advertisement is $280. The salesperson claims that […]
Generate a sample of size 750 using data for the Pacific region. Then, design a hypothesis test and interpret the results using significance level α = .05.
Topic: MAT 240 5-3 Assignment You have been hired by the Regional Real Estate Company to help them analyze real estate data. One of the company’s Pacific region salespeople just returned to the office with a newly designed advertisement. The average cost per square foot of home sales based on this advertisement is $280. The […]
Explain if the population is not normal, can you make any inferences about that population from your random samples?
Variables In many of the problems from the last unit, you were given information about the population. For many of the variables, it was assumed the variable had a normal distribution. What if the variables you are studying are not normally distributed? Here is your challenge — if the population is not normal, can you […]