Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

One indication of how strong real estate market is performing is the proportion of properties which sell in less than 30 days after being listed. Of condominiums in Florida beach community which sold in the first 6 months of 2006, 71 of the 112 sampled had been on market less than 30 days. For the first six months of 2007, 20 of 81 sampled had been on the market less than 30 days. Compute the appropriate Test Statistic to test the hypothesis that the proportion of condominiums that sold in 30 days reduced from 2006 to 2007.

  Student Response Value Correct Answer
Answer: not answered   0% 5.32

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M921502

Have any Question? 


Related Questions in Statistics and Probability

Within a forensic investigation a sample was independently

Within a forensic investigation, a sample was independently analyzed for lead content by two different laboratories, Lab 1 and Lab 2. The analysis that was performed on this sample by Lab 1 yielded a coefficient of varia ...

During a certain week the mean price of gas was 2709 per

During a certain week the mean price of gas was $2.709 per gallon. A random sample of 35 gas stations is drawn from this population. What is the probability that the mean price for the sample was $2.697 and $2.716 that w ...

1 what is a factorial design why are factorial designs used

1. What is a factorial design? Why are factorial designs used more frequently than one-way designs? 2. How many independent variables are involved in a 3 x 3 factorial design? How many levels are there of each variable? ...

A professor has learned that four students in her class of

A professor has learned that four students in her class of 18 will cheat on the exam. She decides to focus her attention on seven randomly chosen students during the exam. a. What is the probability that she finds at lea ...

Case study diets and weight lossnbspa study innbspthe

CASE STUDY Diets and Weight Loss  A study in The Journal of the American Medical Association describes the effects of diets on weight control. In the study, 311 women were randomly divided into four groups. The first gro ...

Gary is at the top of gails preference list and gail is at

Gary is at the top of Gail's preference list, and Gail is at the top of Gary's preference list. Prove that in every stable matching Gary and Gail are matched to each other.

Using the table below compute the spearman rank correlation

Using the table below, compute the spearman rank correlation coefficient for the aggressiveness scores. Does this suggest that both twins tend to be similar in degrees of aggressiveness? Twin set 1 st  born aggressivenes ...

1 why do researchers want the error variance in their data

1. Why do researchers want the error variance in their data to be small? 2. Why do researchers use meta-analysis?

Three individuals are seated in a room each one of them is

Three individuals are seated in a room. Each one of them is wearing a hat, which may be either red or white. Each of them sees the hats worn by the others, but cannot see his own hat (and in particular does not know its ...

Let f be a social welfare function satisfying the

Let F be a social welfare function satisfying the independence of irrelevant alternatives property, and let a, b be two distinct alternatives. Let P N and QN be two strict preference profiles satisfying a> Pi b ⇔ a>Q i b ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen