Numerical and Verbal Hypothesis Statement

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Written by:

Danuta R


Date added:

May 23, 2017








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3 / 647


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We reviewed and analyzed the data set, Real Estate and developed a hypothesis test. The hypothesis test can be described with the following steps: Step 1: State the Hypothesis Does the housing in San Diego cost more than the national average? For this example, we have estimated that average housing cost in San Diego to be $300,000...
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According to the data set, the national average is $221,103. The null hypothesis is San Diego housing is more than or equal to the national average using a confidence level of 95%. The alternative hypothesis is that San Diego housing is not more than the national average. These two hypotheses are expressed numerically as follows: H0: µ ? $ 221...
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