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Mean price of a? single-family home

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Suppose the null hypothesis is rejected. State the conclusion based on the results of the test.

Three years? ago, the mean price of a? single-family home was ?$243,731.

A real estate broker believes that the mean price has decreased since then.

Which of the following is the correct? conclusion?

A. Where is not sufficient evidence to conclude that the mean price of a? single-family home has not changed.

B. There is sufficient evidence to conclude that the mean price of a? single-family home has not changed.

C. There is sufficient evidence to conclude that the mean price of a? single-family home has decreased.

D. There is not sufficient evidence to conclude that the mean price of a? single-family home has decreased.

Reference no: EM132202129

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