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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Is 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.
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