1. Specifically, you should use the results in the table below for the two neighborhoods to compare the two neighborhoods by testing the hypothesis that there is no significant difference between the neighborhoods: a. Test the hypothesis at .01 Level of Significance that there is no significant difference in the Average Price of Houses between the neighborhoods b. Test the hypothesis at .01 Level of Significance that there is no significant difference in the Average Price per Square Foot of Houses between the neighborhoods c. Test the hypothesis at .01 Level of Significance that there is no significant difference in the Average Age of Houses between the neighborhoods d. Test the hypothesis at .01 Level of Significance that there is no significant difference in the Average Lot Size of Houses between the neighborhoods e Write a report on your results.

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6th Edition
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Descriptive Statistics
Neighborhood'of House
Std
Mean
Std Error
Deviation
Staten
Island
Dungan
Selling Price of House
Living Space of House in
Square Feet
Lot Size of Land around
48 S468,082.77 S19,665.822 $136,248 811
195 292
48
1961 81
1353.022
Hills
48
3785.67
242. 833
1682.394
House in Square Feet
Price per Square Foot of
48
$483.04
$202.362
$1.402.007
House
Selling Price of House
Living Space of House in
30 S522 433 33 S29 744.861 S162,919.312
142 659
Staten
Island
Sunnise
30
1907 33
781.376
Square Feet
Lot Size of Land around
30
4549 00
391.338
2143 447
House in Square Feet
Price per Square Foot of
30
$290 30
$12.604 S69 033
5:55 PM
AA 4 sa/2022
O 62F Partly sunny
O Type here to search
Transcribed Image Text:Descriptive Statistics Neighborhood'of House Std Mean Std Error Deviation Staten Island Dungan Selling Price of House Living Space of House in Square Feet Lot Size of Land around 48 S468,082.77 S19,665.822 $136,248 811 195 292 48 1961 81 1353.022 Hills 48 3785.67 242. 833 1682.394 House in Square Feet Price per Square Foot of 48 $483.04 $202.362 $1.402.007 House Selling Price of House Living Space of House in 30 S522 433 33 S29 744.861 S162,919.312 142 659 Staten Island Sunnise 30 1907 33 781.376 Square Feet Lot Size of Land around 30 4549 00 391.338 2143 447 House in Square Feet Price per Square Foot of 30 $290 30 $12.604 S69 033 5:55 PM AA 4 sa/2022 O 62F Partly sunny O Type here to search
1. Specifically, you should use the results in the table below for the two neighborhoods to compare the two neighborhoods by testing
the hypothesis that there is no significant difference between the neighborhoods:
a. Test the hypothesis at .01 Level of Significance that there is no significant difference in the Average Price of Houses between
the neighborhoods
b. Test the hypothesis at .01 Level of Significance that there is no significant difference in the Average Price per Square Foot of
Houses between the neighborhoods
c. Test the hypothesis at .01 Level of Significance that there is no significant difference in the Average Age of Houses between the
neighborhoods
d. Test the hypothesis at .01 Level of Significance that there is no significant difference in the Average Lot Size of Houses between
the neighborhoods
e. Write a report on your results.
Transcribed Image Text:1. Specifically, you should use the results in the table below for the two neighborhoods to compare the two neighborhoods by testing the hypothesis that there is no significant difference between the neighborhoods: a. Test the hypothesis at .01 Level of Significance that there is no significant difference in the Average Price of Houses between the neighborhoods b. Test the hypothesis at .01 Level of Significance that there is no significant difference in the Average Price per Square Foot of Houses between the neighborhoods c. Test the hypothesis at .01 Level of Significance that there is no significant difference in the Average Age of Houses between the neighborhoods d. Test the hypothesis at .01 Level of Significance that there is no significant difference in the Average Lot Size of Houses between the neighborhoods e. Write a report on your results.
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