Big houses: The U.S. Census Bureau reported that the mean area of U.S. homes built in 2018 was 2559 square feet. Assume that a simple random sample of 23 homes built in 2020 had a mean area of 2695 square feet, with a standard deviation of 175 square feet. Assume the population of areas is normally distributed. Can you conclude that the mean area of homes built in 2020 is not equal to that of homes built in 2018 ? Use the
Part: 0 / 3
Part 1 of 3
(a) Find the
The
Final Answer: The p-value is
Step 1 :State the null hypothesis
Step 2 :Given values are: sample mean = 2695, population mean = 2559, sample standard deviation = 175, sample size = 23, and significance level
Step 3 :Calculate the t-score using the formula
Step 4 :Calculate the p-value for a two-tailed test. The p-value is twice the area to the right of the absolute value of the t-score in a t-distribution with degrees of freedom equal to
Step 5 :Since the p-value is less than the significance level
Step 6 :Final Answer: The p-value is