A real estate agent compares the selling prices of homes in two municipalities in southwestern Penns


Question: A real estate agent compares the selling prices of homes in two municipalities in southwestern Pennsylvania to see if there is a difference in price. 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. Use a = 0.01.

Scott Ligonier

\({{\bar{X}}_{1}}\) = $93,430 \({{\bar{X}}_{2}}\) = $98,043

s1= $5602 s2= $4731

n1= 35 n2= 40

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

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