21
QuizMultiple Choice

Testing Claims about Means — Test

Question 21 • Statistics

A real-estate agent conducted an experiment to test the effect of selling a staged home vs. selling an empty home. To do so, the agent obtained a list of 10 comparable homes just listed for sale that were currently empty. He randomly assigned 5 of the homes to be "staged,” meaning they were filled with nice furniture and decorated. The owners of the 5 homes all agreed to have their homes staged by professional decorators. The other 5 homes remained empty. The hypothesis is that empty homes are not as appealing to buyers as staged homes and, therefore, sell for lower prices than staged homes. The mean selling price of the 5 empty homes was 150 dollars comma 000 with a standard deviation of 22 dollars comma 000 The mean selling price of the 5 staged homes was 175 dollars comma 000 with a standard deviation of 35 comma 000 A dotplot of each sample shows no strong skewness and no outliers. The agent tests ratio of cap h sub 0 to mu sub 1 minus mu sub 2 is equal to 0 , ratio of cap h sub A to mu sub 1 minus mu sub 2 is less than 0 , where mu sub 1 is equal to the true mean selling price of all comparable empty homes and mu sub 2 is equal to the true mean selling price of all comparable staged homes. What is the name of the appropriate inference procedure?

Answer
A
t - test for one mean
B
t - test for a difference in means
C
z - test for a difference in proportions
D
z - test for one proportion
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