A sample of 350 homes for sale in ABC City showed a mean asking price of $247,000, but the city claimed that the mean asking price for the population was $253,000. The population standard deviation of all homes for sale was $8,000. Use the p-value approach to conduct a full hypothesis test (all steps- follow the guidance in the last problem) that can be used to determine whether the mean asking price is significantly less than $253,000. Let a =.10.

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Ratios

A ratio is a comparison between two numbers of the same kind. It represents how many times one number contains another. It also represents how small or large one number is compared to the other.

Trigonometric Ratios

Trigonometric ratios give values of trigonometric functions. It always deals with triangles that have one angle measuring 90 degrees. These triangles are right-angled. We take the ratio of sides of these triangles.