A real estate agent believes that the mean home price in the northern part of a county is higher than the mean price in the southern part of the county and would like to test the claim. A simple random sample of housing prices is taken from each region. The results are shown below. Mean Variance Observations Pooled Variance Hypothesized Mean Difference df t Stat P(T<=t) one-tail t Critical one-tail P(T<=t) two-tail t Critical two-tail Confidence Level Southern Northern 155.056 168.889 345.938 560.928 18 18 453.433 0 34 1.949 0.030 2.441 0.060 2.728 99% ↑ T 0 p = Ex: 1.234 1 2 t = Ex: 1.234
A real estate agent believes that the mean home price in the northern part of a county is higher than the mean price in the southern part of the county and would like to test the claim. A simple random sample of housing prices is taken from each region. The results are shown below. Mean Variance Observations Pooled Variance Hypothesized Mean Difference df t Stat P(T<=t) one-tail t Critical one-tail P(T<=t) two-tail t Critical two-tail Confidence Level Southern Northern 155.056 168.889 345.938 560.928 18 18 453.433 0 34 1.949 0.030 2.441 0.060 2.728 99% ↑ T 0 p = Ex: 1.234 1 2 t = Ex: 1.234
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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