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Question 3 4 pts 3a1bd5c 5a0-85b Three years ago, the mean price of an existing single-family home was $243,786. A real estat
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Answer #1

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Answer:

Type 2 ERROR is the failure to reject null when it is false

The broker fails to reject the hypothesis that the mean price is $243,7286, when the true mean price is less than $243,786

Hence option 1

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