SOLUTION: State the null and alternative hypotheses for showing an increase in buying and selling of single-family homes this year when compared with last year's rate.

Algebra ->  Probability-and-statistics -> SOLUTION: State the null and alternative hypotheses for showing an increase in buying and selling of single-family homes this year when compared with last year's rate.      Log On


   

Question 426275: State the null and alternative hypotheses for showing an increase in buying and selling of single-family homes this year when compared with last year's rate.
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
State the null and alternative hypotheses for showing an increase in buying and selling of single-family homes this year when compared with last year's rate.
---------------
Ho: u(now)-u(last) = 0
Ha: u(now)-u(last) > 0
------------------------
Cheers,
Stan H.