If a random sample of 16 homes south of Center Street in Provo has a mean...
If a random sample of 16 homes south of Center Street in Provo has a mean selling price of $145,250 and a standard deviation of $4650, and a random sample of 17 homes north of Center Street has a mean selling price of $148,475 and a standard deviation of $5750, can you conclude that there is a significant difference between the selling price of homes in these two areas of Provo at the 0.05 level? Assume normality.
(a) Find t. (Give your answer correct to two decimal places.)
(ii) Find the p-value. (Give your answer correct to four decimal places.)
Homework Answers
Here we have two independent samples
so, we need to use the t-test for two independent samples
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If a random sample of 16 homes south of Center Street in Provo
has a mean...
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