Question:

# 4 According to a data intelligence company that specializes

Last updated: 11/27/2023

4 According to a data intelligence company that specializes in the short term rental market 76 of listings by a website specializing in renting properties are for entire homes or apartments as opposed to shared spaces Do the listings in a particular city have the same distribution of housing types Using publicly available data suppose you take a random sample of 100 listings in this particular city Of those 80 were for entire homes or apartments Is there sufficient evidence to conclude that the percentage of listings in this particular city that are for entire homes or apartments is different from 76 Using the five step process for hypothesis testing HMC3 and a significance level of a 0 05 test the appropriate hypotheses LUSE SALT State the appropriate null and alternative hypotheses Let p be the population proportion of listings that are for entire homes or apartments Enter for as needed Ho H Find the test statistic Round your answer to two decimal places Use technology to find the P value Round your answer to four decimal places P value MY NOTES State the conclusion in the problem Reject H We do not have sufficient evidence to conclude that the percentage of listings in this particular city that are for entire homes or apartments is different from 76 Reject Ho We have sufficient evidence to conclude that the percentage of listings in this particular city that are for entire homes or apartments is different from 76 Fail to reject Ho We do not have sufficient evidence to conclude that the percentage of listings in this particular city that are for entire homes or apartments is different from 76 Fail to reject Ho We have sufficient evidence to conclude that the percentage of listings in this particular city that are for entire homes or apartments is different from 76