According to the National Association of Home Builders, the…
According to the National Association of Home Builders, the average cost of building a home in the Northeast is $117.91 per square foot. A random sample of 36 new homes indicated that the mean cost was $122.57 and the standard deviation was $20. Test the claim that the mean cost differs from $117.91. Write the claim and its opposite in symbolic form using the proper notation. Identify the Null and the Alternative hypotheses using symbolic form. Find the test statistic: Find the p-value State the decision based on your p-value. State the proper conclusion. This statement must address the original claim.