You want to test if more than 20% of homes in a neighborhood have recently been sold through a short sale, at a foreclosure auct
ion, 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
From the take on a sample of 60 homes from this neighborhood and 14 fitting in the criteria. The appropriate null and alternative hypotheses a is best expressed in option c.
