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.
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.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
100%
A real estate agent believes that the

Transcribed Image Text:Southern Northern
Mean
154.889 167.833
Variance
354.458 521.912
Observations
18
18
Pooled Variance
438.185
Hypothesized Mean Difference
df
34
p = Ex: 1.234
t Stat
P(Tcnt) one-tail
t Critical one-tail
P(T<=t) two-tail
t Critical two-tail
1.885
0.036
1.691
0.072
2.032
2
3
Confidence Level
95%
t = Ex: 1.234
n = Ex: 9
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