. Beatrice is graduating from college this semester and has received two job offers, one in city A andone in city B. To help her decide where to move, she would like to estimate the difference in averagehome prices for these two cities. From a random sample of 40 listings in city A the average home priceis $190,000 and from a random sample of 40 listings in city B the average home price is $185,000.She finds that the margin of error for a 95% confidence interval for the difference in average homeprice between the two cities (A-B) is $3,250. Which of the following conclusions is correct?(A) Beatrice can be 95% confident that the average home price is between $1,750 and $8,250 morein city A than in city B.(B) Beatrice can be 95% confident that the average home price is between $1,750 and $8,250 less incity A than in city B.(C) Beatrice can be 95% confident that the average home price is $5,000 less in city A than in city B.(D) Beatrice can be 95% confident that the average home price is $5,000 more in city A than in city B.(E) Beatrice can be 95% confident that there is not a significant difference in the average home pricebetween these two cities.

First, we need to interpret the margin of error given for the 95% confidence interval for the…

Answered: . Beatrice is graduating from college…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Answer it correctly and explain well. I will rate accordingly.
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