Exercise 4:  Step 1: Test Set-up  The next test is a t-test for unequal variance. Here is the problem: The human resources department at Sue, Grabitt, and Runne also tracks the cost of one-bedroom apartments in two popular neighborhoods, NoBo and SoBo. The general perception of long-time residents is that rents are probably lower in SoBo. They hope to determine whether the average rent for a one-bedroom apartment is lower in SoBo than in NoBo. The results of their survey are shown in Tables 18 and 19:      Step 2. Select the Level of Significance, α  A 5 percent significance has been selected.    Step 3. State the Null Hypothesis (H0) and Alternate Hypothesis (H1)  H0:  H1:    Step 4. Compose the Decision Rule        Step 5. Calculate the Value of the Test Statistic, p-value, and estimate statistical power  Use G*Power to calculate statistical power.                Step 6. Decide and Report

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Exercise 4: 

Step 1: Test Set-up 

The next test is a t-test for unequal variance. Here is the problem: The human resources department at Sue, Grabitt, and Runne also tracks the cost of one-bedroom apartments in two popular neighborhoods, NoBo and SoBo. The general perception of long-time residents is that rents are probably lower in SoBo. They hope to determine whether the average rent for a one-bedroom apartment is lower in SoBo than in NoBo. The results of their survey are shown in Tables 18 and 19: 

 

 

Step 2. Select the Level of Significance, α 

A 5 percent significance has been selected. 

 

Step 3State the Null Hypothesis (H0) and Alternate Hypothesis (H1) 

H0: 

H1: 

 

Step 4Compose the Decision Rule 

 

 

 

Step 5Calculate the Value of the Test Statistic, p-value, and estimate statistical power 

Use G*Power to calculate statistical power. 

 

 

 

 

 

 

 

Step 6Decide and Report 

 

 

974 $1,236 $1,325| $1,128 $1,158 | $1,167 | $1,201
$994 $1,299 | $1,127 | $1,015
$897 $1,029
$961| $1,310
$980 $1,105 | $1,255
$978 $1,244 $1,233 $1,164 $1,087| $1,015 | $1,450
$851 $1,267 $1,425
$892
$968 $1,055 $1,091
$865
$911
$999 $1,303 | $1,129| $1,061| $1,184 | $1,000
$2,000 $1,266 $1,243
$1,244 $1,168 $1,183 | $1,131| $1,000| $1,150 | $1,261
$1,400 $1,175| $1,025
$1,425 $1,182 $1,015| $1,139 $1,091| $1,158|
$1,133 $1,000| $1,391| $1,272 $1,247| $1,066| $1,293|| $1,025| $1,178 $1,306|
$1,119 $1,050| $1,085| $1,174 $1,225| $1,203| $1,032| $1,075| $1,240|
$1,051 $1,162
$1,213 $1,180| $1,150| $1,212| $1,012| $1,248 $1,250
$1,251 $1,150| $1,340| $1,332
$913
$1,086 $1,146| $1,041|
$1,233| $1,270| $1,198|
Transcribed Image Text:974 $1,236 $1,325| $1,128 $1,158 | $1,167 | $1,201 $994 $1,299 | $1,127 | $1,015 $897 $1,029 $961| $1,310 $980 $1,105 | $1,255 $978 $1,244 $1,233 $1,164 $1,087| $1,015 | $1,450 $851 $1,267 $1,425 $892 $968 $1,055 $1,091 $865 $911 $999 $1,303 | $1,129| $1,061| $1,184 | $1,000 $2,000 $1,266 $1,243 $1,244 $1,168 $1,183 | $1,131| $1,000| $1,150 | $1,261 $1,400 $1,175| $1,025 $1,425 $1,182 $1,015| $1,139 $1,091| $1,158| $1,133 $1,000| $1,391| $1,272 $1,247| $1,066| $1,293|| $1,025| $1,178 $1,306| $1,119 $1,050| $1,085| $1,174 $1,225| $1,203| $1,032| $1,075| $1,240| $1,051 $1,162 $1,213 $1,180| $1,150| $1,212| $1,012| $1,248 $1,250 $1,251 $1,150| $1,340| $1,332 $913 $1,086 $1,146| $1,041| $1,233| $1,270| $1,198|
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