Question:

A newspaper story claims that more houses are purchased by

Last updated: 11/27/2023

A newspaper story claims that more houses are purchased by

A newspaper story claims that more houses are purchased by singles now than singles 5 years ago To test this claim two studies were conducted on the buying habits of singles over the past 5 years In the first study 200 house purchases in the current year were randomly selected and 80 of those were made by singles In the second study again 200 house purchases were randomly selected from 5 years ago and 65 of those were made by single people Test the newspaper s claim using a 0 01 level of significance Is there sufficient evidence to support the newspaper s claim Let singles now be Population 1 and let singles 5 years ago be Population 2 Step 1 of 3 State the null and alternative hypotheses for the test Fill in the blank below Ho P1 P2 Ha P1