A real estate agent believes that the values of houses in the neighborhood she works in have increased from last year. To test this claim, she selects random houses in this neighborhood and compares...


Critical Value(s) =


A real estate agent believes that the values of houses in the neighborhood she works in have increased from last year. To<br>test this claim, she selects random houses in this neighborhood and compares their estimated market values in the current<br>year to their estimated market values in the previous year. Suppose that data were collected for a random sample of 8<br>houses, where each difference is calculated by subtracting the market value of the previous year from the market value<br>of the current year. Assume that the values are normally distributed. Identify the critical value(s) of the t-test statistic, where<br>α-0.05. Use a comma and a space to separate answers as needed<br>0.01<br>Probability<br>Degrees of Freedom<br>5<br>6<br>0.10<br>0.05<br>0.025<br>0.005<br>1.476<br>1.440<br>1.415<br>1.397<br>1.383<br>1.372<br>1.363<br>1.356<br>1.350<br>1.345<br>1.341<br>2.015<br>1.943<br>1.895<br>1.860<br>1.833<br>1.812<br>1.796<br>1.782<br>2.571<br>2.447<br>2.365<br>2.306<br>2.262<br>2.228<br>2.201<br>2.179<br>2.160<br>2.145<br>2.131<br>3.365<br>3.143<br>2.998<br>2.896<br>2.821<br>2.764<br>2.718<br>2.681<br>2.650<br>2.624<br>2.602<br>4.032<br>3.707<br>3.499<br>3.355<br>3.250<br>3.169<br>3.106<br>3.055<br>3.012<br>2.977<br>2.947<br>1.761<br>1.753<br>

Extracted text: A real estate agent believes that the values of houses in the neighborhood she works in have increased from last year. To test this claim, she selects random houses in this neighborhood and compares their estimated market values in the current year to their estimated market values in the previous year. Suppose that data were collected for a random sample of 8 houses, where each difference is calculated by subtracting the market value of the previous year from the market value of the current year. Assume that the values are normally distributed. Identify the critical value(s) of the t-test statistic, where α-0.05. Use a comma and a space to separate answers as needed 0.01 Probability Degrees of Freedom 5 6 0.10 0.05 0.025 0.005 1.476 1.440 1.415 1.397 1.383 1.372 1.363 1.356 1.350 1.345 1.341 2.015 1.943 1.895 1.860 1.833 1.812 1.796 1.782 2.571 2.447 2.365 2.306 2.262 2.228 2.201 2.179 2.160 2.145 2.131 3.365 3.143 2.998 2.896 2.821 2.764 2.718 2.681 2.650 2.624 2.602 4.032 3.707 3.499 3.355 3.250 3.169 3.106 3.055 3.012 2.977 2.947 1.761 1.753

Jun 01, 2022
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