1234567891011121314151617181920212223242526272829303132333435363738Housing Market 1711000332500385000770000595000350000280000420000574000336000367500819000266000511000413000420000749000406000266000665000266000595000686000742000490000381500574000560000364000427000490000364000378000269500336000Scenario: Here you will find a sample of house sale prices from two housing markets.Housing Market 2374500462000586600665000180000124300525000745500476000451500315000179500521500693000724500287000346500122500864500392000756000308000420000560000476000798000346500238000371000367500420000980000260400301000176715Number123QuestionsWould you rather invest in Market 1 or Market 2?Hypothesis tests would you implement to help you answer this question?Perform these test and report these results.What market would you invest in and why?Answer

Given a sample of house sale prices from two housing markets asHousing Market 1Housing Market…

Housing Market 1 Housing Market 2 374500 462000 586600 665000 711000 332500 385000 770000 595000 350000 280000 420000 574000 336000 367500 819000 266000 $11000 413000 420000 749000 406000 266000 665000 266000 595000 686000 742000 490000 381500 574000 560000 364000 427000 490000 Scenario: Here you will find a sample of house sale prices from two housing markets. 364000 378000 269500 336000 180000 124300 525000 745500 476000 451500 315000 179500 521500 693000 724500 287000 346500 122500 864500 392000 756000 308000 420000 560000 476000 798000 346500 238000 371000 367500 420000 980000 260400 301000 176715 Number 1 2 3 Questions Would you rather invest in Market 1 or Market 2? Hypothesis tests would you implement to help you answer this question? Perform these test and report these results. What market would you invest in and why? Answer