document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=319794>Question 319794</A>: <I><SPAN STYLE=\"word-break: break-all;\"> What is the formula for finding the test value? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #229037 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=229037\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> The association claims the average price of a home in their subdivision is $125,150 with a standard deviation of $7350.  <BR>\n" );
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document.write( "A sample of 36 homes for sale in this subdivision had an average selling price of $123550.  At a = 0.05, what is the test value?<BR>\n" );
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document.write( "x-bar = 123550<BR>\n" );
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document.write( "The test value, or test statistic is:<BR>\n" );
document.write( "t(x-bar) = (123550-125150)/[7350/sqrt(36)] = -1.3061<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.\r<BR>\n" );
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