Home Prices. A real estate agent compares the selling prices of homes in two municipalities in south


Question: Home Prices. A real estate agent compares the selling prices of homes in two municipalities in southwestern Pennsylvania to see if there is a difference. The results of the study are shown. Is there enough evidence to reject the claim that the average cost of a home in both locations is the same? Us a = 0.01.

Scott Ligonier

X1 = $93,430 X2 = $98,043

\({{\sigma }_{1}}\) = $5602 \({{\sigma }_{2}}\) = $4731

n1 = 35 n2 = 40

Price: $2.99
Solution: The solution consists of 2 pages
Deliverables: Word Document

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