QuestionIs it true that on average the houses in town B are cheaper than the one in town A at a 1% level of significance. Calculate the p_value for this test. Assume that the samples are drawn from a normal population. All house sales transactions (in R1000) concluded in two cities during a particular week arechecked. The selling price of each house is noted. The following information is obtained:Town ATown Bn1 = 51n, = 34X1= 1358513600%3Dof = 1024o = 1024

GivenTown An1=51x1 = 13585σ12 = 1024Town Bn1=34x1 = 13600σ12 = 1024α=1%=0.01

All house sales transactions (in R1000) concluded in two cities during a particular week are checked. The selling price of each house is noted. The following information is obtained: Town A Town B n, = 51 n2 = 34 = 13585 X2 = 13600 = 1024 o = 1024

All house sales transactions (in R1000) concluded in two cities during a particular week are checked. The selling price of each house is noted. The following information is obtained: Town A Town B n, = 51 n2 = 34 = 13585 X2 = 13600 = 1024 o = 1024

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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