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Math Help - Hypothesis Testing

  1. #1
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    Hypothesis Testing

    I am clueless on this, any help or advice would be appreciated.

    Thanks,


    To conduct a one-sided hypothesis test of the claim that houses located on corner lots (corner-lot houses) have higher average selling prices than those located on non-corner lots, the following alternative hypothesis should be used:

    • The average selling price of a corner-lot house is higher than it is commonly believed to be.
    • The average selling price of a corner-lot house is the same as the average selling price of a house not located on a corner lot.
    • The average selling price of a corner-lot house is higher than the average selling price of a house not located on a corner lot.
    • The average selling price of a corner-lot house is higher than the average selling price of all houses.
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  2. #2
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    We'd have  H_o : The average selling price of a corner-lot house is the same as the average selling price of a house not located on a corner lot

    And H_1 :The average selling price of a corner-lot house is higher than the average selling price of a house not located on a corner lot

    So the latter is the alternative hypothesis.
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