A house has decreased in value by 27% since it was purchased. If the current value is $146,000, what was the value when it was p
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Answer:
The null hypothesis is .
The alternative hypothesis is
Step-by-step explanation:
Suppose that a recent article stated that the mean time spent in jail by a first-time convicted burglar is 2.5 years.
At the null hypothesis, we test if the mean is of 2.5 years, that is:
A study was then done to see if the mean time has increased in the new century.
At the alternative hypothesis, we test if the mean has increased, that is, if it is above 2.5 years. So