It is given that the mean price of a single family home 243,701
The null hypothesis and alternative hypothesis can be stated is
H0 :
= 243,701
H1 :
< 243,701
It is also given that the null hypothesis can be rejected.
This mean that test results are there is not sufficient evidence to conclude that the mean price of a single family home has not changed.
Therefore option (D) is correct.
Suppose the nullypothesis is rected. State the conclusion based on the results of the test Three...
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