?In 15–22, (a) determine the null and alternative hypotheses, (b) explain what it would
Chapter 10, Problem 17(choose chapter or problem)
In Problems 15–22, (a) determine the null and alternative hypotheses, (b) explain what it would mean to make a Type I error, and (c) explain what it would mean to make a Type II error.
17. Single-Family Home Price According to the National Association of Home Builders, the mean price of an existing single-family home in 2013 was $245,700. A real estate broker believes that existing home prices in her neighborhood are lower.
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