Mathematics, 06.05.2020 00:06 Nenelovezero3446
You want to test if more than 20% of homes in a neighborhood have recently been sold through a short sale, at a foreclosure auction, or by the bank following an unsuccessful foreclosure auction. You take a sample of 60 homes from this neighborhood and find that 14 fit your criteria. The appropriate null and alternative hypotheses are .
a. H0: pbar = 0.20: HA: pbar \ne 0.20
b. H0: pbar = 0.23: HA: pbar \ne 0.23
c. H0: pbar <= 0.20: HA: pbar > 0.20
d. H0: pbar <= 0.23: HA: pbar > 0.23
Answers: 3
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