Question

In: Statistics and Probability

According to a geographic report, in the United States, 20% of all families renting condos will...

According to a geographic report, in the United States, 20% of all families renting condos will move

during a given year. A random sample of 200 families renting condos in the Seattle Mero region

illustrated the fact that 56 families moved during the past year. Does this evidence suggest that a larger

proportion of condo owners moved in the Seattle area, at the .01 significance level? State the null and

alternate hypotheses. Make the decision rule.

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Expert Solution

orchestra answered 2 years ago
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