Fairfield Homes is developing two parcels near Pigeon Fork, Tennessee. In order to test different ad


Question: Fairfield Homes is developing two parcels near Pigeon Fork, Tennessee. In order to test different advertising approaches, they use different media to reach potential buyers. The mean annual family income for 75 people making inquiries at the first development is $150,000, with a standard deviation of $40,000. A corresponding sample of 120 people at the second development had a mean of $180,000, with a standard deviation of $30,000. At the .05 significance level, can

Fairfield
conclude that the population means are different?

Price: $2.99
Solution: The downloadable solution consists of 2 pages
Type of Deliverable: Word Document

log in to your account

Don't have a membership account?
REGISTER

reset password

Back to
log in

sign up

Back to
log in