{"id":44885,"date":"2025-08-03T21:08:35","date_gmt":"2025-08-03T21:08:35","guid":{"rendered":"https:\/\/www.writemyessays.app\/blog\/questions\/table-of-contents-module-five-5-3-assignment-means-test-of-hypothesis-1-sample-5-3-assignment-means-test-of-hypothesis-1-sample\/"},"modified":"2025-08-03T21:08:35","modified_gmt":"2025-08-03T21:08:35","slug":"table-of-contents-module-five-5-3-assignment-means-test-of-hypothesis-1-sample-5-3-assignment-means-test-of-hypothesis-1-sample","status":"publish","type":"questions","link":"https:\/\/www.writemyessays.app\/blog\/questions\/table-of-contents-module-five-5-3-assignment-means-test-of-hypothesis-1-sample-5-3-assignment-means-test-of-hypothesis-1-sample\/","title":{"rendered":"Table of Contents   Module Five  5-3 Assignment: Means: Test of Hypothesis (1-Sample) 5-3 Assignment: Means: Test of Hypothesis (1-Sample)"},"content":{"rendered":"<h2>Scenario<\/h2>\n<p>You have been hired by the Regional Real Estate Company to help them analyze real estate data. One of the company\u2019s Pacific region salespeople is working to design a new advertisement. The initial draft of the advertisement states that the average cost per square foot of home sales in the Pacific region is $280. The salesperson claims that the average cost per square foot in the Pacific region is less than $280. He wants you to make sure he can make that statement (that the average cost per square foot is less than $280) before asking for the advertisement text to be changed. In order to test his claim, you will generate a random sample size of 750 using data for the Pacific region and use this data to perform a hypothesis test.<\/p>\n<h2>Prompt<\/h2>\n<p>Generate a sample of size 750 houses using data for the Pacific region. Then, design a hypothesis test and interpret the results using significance level \u03b1 = .05. You will work with this sample in this assignment. Briefly describe how you generated your random sample.<\/p>\n<p>Use the <a>House Listing Price by Region<\/a> document to help support your work on this assignment. You may also use the <a>Descriptive Statistics in Excel PDF<\/a> and <a>Creating Histograms in Excel PDF<\/a> tutorials for support.<\/p>\n<p>Specifically, you must address the following rubric criteria, using the <a>Module Five Assignment Template Word Document<\/a><\/p>\n<ul>\n<li><strong>Introduction: <\/strong>Describe the purpose of this analysis and how you generated your random sample size of 750 houses.<\/li>\n<li><strong>Hypothesis Test Setup:<\/strong> Define your population parameter, including hypothesis statements, and specify the appropriate test.\n<ul>\n<li>Define your population parameter.<\/li>\n<li>Write the null and alternative hypotheses.<\/li>\n<li>Specify the name of the test you will use.<\/li>\n<li>Identify whether it is a left-tailed, right-tailed, or two-tailed test.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Data Analysis Preparations:<\/strong> Describe sample summary statistics, provide a histogram and summary, check assumptions, and identify the test significance level.\n<ul>\n<li>Provide the descriptive statistics (sample size, mean, median, and standard deviation).<\/li>\n<li>Provide a histogram of your sample.<\/li>\n<li>Summarize your sample by writing a sentence describing the shape, center, and spread of your sample.<\/li>\n<li>Check whether the assumptions to perform your identified test have been met.<\/li>\n<li>Identify the test significance level. For example, \u03b1 = .05.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Calculations:<\/strong> Calculate the <em>p<\/em> value, describe the <em>p<\/em> value and test statistic in regard to the normal curve graph, discuss how the p value relates to the significance level, and compare the <em>p<\/em> value to the significance level to reject or fail to reject the null hypothesis.\n<ul>\n<li>Calculate the sample mean and standard error.<\/li>\n<li>Determine the appropriate test statistic, then calculate the test statistic.\n<ul>\n<li><strong>Note:<\/strong> This calculation is (mean \u2013 target)\/standard error. In this case, the mean is your regional mean (Pacific), and the target is 280.<\/li>\n<\/ul>\n<\/li>\n<li>Calculate the <em>p<\/em> value using one of the following tests.\n<ul>\n<li><strong>Choose your test from the following:<\/strong>\n<ul>\n<li><strong>=T.DIST.RT([test statistic], [degree of freedom])<\/strong>: right-tailed test<\/li>\n<li><strong>=T.DIST([test statistic], [degree of freedom], 1)<\/strong>: left-tailed test<\/li>\n<li><strong>=T.DIST.2T([test statistic], [degree of freedom])<\/strong>: two-tailed test<\/li>\n<\/ul>\n<\/li>\n<li><strong>Note:<\/strong> The degree of freedom is calculated by subtracting 1 from your sample size.<\/li>\n<\/ul>\n<\/li>\n<li>Using the normal curve graph as a reference, describe where the p value and test statistic would be placed.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Test Decision:<\/strong> Compare the relationship between the p value and the significance level, and decide to reject or fail to reject the null hypothesis.<\/li>\n<ul>\n<li>Compare the relationship between the <em>p<\/em> value and significance level.<\/li>\n<li>Decide to reject or fail to reject the null hypothesis.<\/li>\n<\/ul>\n<li><strong>Conclusion:<\/strong> Discuss how your test relates to the hypothesis and discuss the statistical significance.<\/li>\n<ul>\n<li>Explain in one paragraph how your test decision relates to your hypothesis and whether your conclusions are statistically significant.<\/li>\n<\/ul>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Scenario You have been hired by the Regional Real Estate Company to help them analyze real estate data. One of the company\u2019s Pacific region salespeople is working to design a new advertisement. The initial draft of the advertisement states that the average cost per square foot of home sales in the Pacific region is $280. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[8],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/44885"}],"collection":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/comments?post=44885"}],"version-history":[{"count":0,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/44885\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/media?parent=44885"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/disciplines?post=44885"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/paper_types?post=44885"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/tagged?post=44885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}