The sum of an infiinte series exists when the ratio is in the interval (-1,1)
Here the ratio is 1/3, then the sum exists.
The formula for this sum is A / (1 -r); where A is the first term and r is the ratio
Then, the sum is [1/3] / [1 -1/3] = [1/3] / [2/3] = 1/2
Answer: 1/2
Solution :
It is given that we have a null and an alternative hypothesis. The hypothesis are :


We have to find if the cost of average home has decreased or not in this month.
So it is given that the test statics is -1.79, so the p value associated with the test statics is less than ( α ) 0.01
Therefore, we can conclude that the cost of the average house is less than $ 240,000.
Answer:

Step-by-step explanation:

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