A recent MBA graduate is trying to decide between two job offers, one in Omaha and one in Kansas Cit


Question: A recent MBA graduate is trying to decide between two job offers, one in Omaha and one in Kansas City. One factor affecting his decision is the cost of a new home in each city. A recent study sampled 88 new home sales in the Omaha area and found that the mean selling price of a new home was $183,900 with a standard deviation of $35,800. A similar Kansas City study based on a sample of 65 new home sales found that the mean selling price was $178,500 with a standard deviation of $29,850. Conduct a test at the .05 level of significance to determine if there is any difference in the mean selling price of new homes in Omaha versus Kansas City. You cannot assume that the population standard deviations are equal.


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