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MATH 113-Mean area of homes in certain city built in 2009

by | Dec 1, 2023 | Posted Questions

Mean area of homes in certain city built in 2009 was 2438 square feet, assume simple random sample 11 homes in the city built 2010 had a mean 2282 square feet, standard deviation 225 square feet. An insurance company wants to know if the mean area of homes built 2010 is less than that of homes built in 2009. Compute P-value round four decimal. Insurance company wants to know Is there do or do we not have enough evidence to conclude that the mean area of homes built in 2010 is less than that of homes built In 2009. What is the conclusion at the 0.05 level of significance?

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