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. Southern Northern 154.B9 167.833 354.4S8 521.912 Mean Variance Observations 18 18 Pooled Variance 438.185 Hypothesleed Mean Difference 34 tStat 1.885 0.036 p= Ex 1.234 P(Tet) one tail tCrtical one-tal PITet) two-tail tCritical two-tal Confidence Level 1.691 0.072 2.032 95% t%3D = Ex: 1.234 n = Ex 9 Degrees of freedom df Point estimate for the southern part of the county: = Ex 1.234 Point estimate for the northern part of the county: r =

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x 8-3 Challenge Activities: Means a X
zy Section 8.1 - MAT 240: Applied S X
O https://learn.zybooks.com/zybook/MAT-240-J4373-OL-TRAD-UG.22EW4/chapter/8/section/1?content_resource. A a 18
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oks
8.1: Hypothesis tests for the difference between two population means
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A real estate agent believes that the mean home price in the northern part of a county is higher than the mean
2
price in the southern part of the county and would like to test the claim. A simple random sarmple of housing
prices is taken from each region. The results are shown below.
Southern Northern
154.889 167.833
354.458 521.912
Mean
Variance
Observations
Pooled Variance
Hypothesled Mean Difference
18
18
438.185
df
34
t Stat
P(Tet) one-tail
t Critical one-tal
P(Tent) two-tail
t Critical two-tall
Confidence Level
1.885
p = Ex: 1.234
0.036
1.691
0.072
2.032
-2
95%
t = Ex: 1.234
n = Ex: 9
Degrees of freedom: df =
%3D
Point estimate for the southern part of the county: I = Ex:1.234
Point estimate for the northern part of the county: r =
1.
Check
Next
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79°F A
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13
5
6
7
8
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G
K
N M
Transcribed Image Text:student login- Search X Home x 8-3 Challenge Activities: Means a X zy Section 8.1 - MAT 240: Applied S X O https://learn.zybooks.com/zybook/MAT-240-J4373-OL-TRAD-UG.22EW4/chapter/8/section/1?content_resource. A a 18 My library > MAT 240: Applied Statistics home > oks 8.1: Hypothesis tests for the difference between two population means E zyBooks catalog Help A real estate agent believes that the mean home price in the northern part of a county is higher than the mean 2 price in the southern part of the county and would like to test the claim. A simple random sarmple of housing prices is taken from each region. The results are shown below. Southern Northern 154.889 167.833 354.458 521.912 Mean Variance Observations Pooled Variance Hypothesled Mean Difference 18 18 438.185 df 34 t Stat P(Tet) one-tail t Critical one-tal P(Tent) two-tail t Critical two-tall Confidence Level 1.885 p = Ex: 1.234 0.036 1.691 0.072 2.032 -2 95% t = Ex: 1.234 n = Ex: 9 Degrees of freedom: df = %3D Point estimate for the southern part of the county: I = Ex:1.234 Point estimate for the northern part of the county: r = 1. Check Next Feedback? Type here to search 57 79°F A F10 PriSc Insert Delet & * 13 5 6 7 8 Backspace T U 0O D G K N M
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