The price of a house is originally listed at $155,000. The owners are having a hard time selling it and decide to reduce the pri
2 answers:
Answer:
83%
Step-by-step explanation:
We can put this into a fraction to get the ratio of the new price over the old price
This will give us the percentage of how much was decreased.
The answer you get is .83
Bring 2 decimal places to the right to get 83 (converting from decimal to percentage)
You get 83 percent to be your answer
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Answer: The parametric is being tested here is "p" (population proportion).
The hypothesis test is left-tailed.
Step-by-step explanation:
Given : The null and alternative hypotheses are
The parametric is being tested here is "p", where p stands for population proportion.
Also, the type of test depends on the alternative hypotheses.
Since the alternative hypotheses is left-tailed, so the hypothesis test is left-tailed.