The National Association of Home Builders provided data on the cost of the most popular home remodeling projects. Sample data on cost in thousands of dollars for two types of remodeling projects are as follows. a) Develop a point estimate of the difference between the population mean remodeling costs for the two types of projects. b) Develop a 90% confidence interval for the difference between the two population means.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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The National Association of Home Builders provided data on the cost of the most
popular home remodeling projects. Sample data on cost in thousands of dollars
for two types of remodeling projects are as follows.

a) Develop a point estimate of the difference between the population mean
remodeling costs for the two types of projects.
b) Develop a 90% confidence interval for the difference between the two
population means.

Kitchen
25.2
17.4
22.8
21.9
19.7
23.0
19.7
16.9
21.8
23.6
Master
Bedroom
18.0
22.9
26.4
24.8
26.9
17.8
24.6
21.0
Transcribed Image Text:Kitchen 25.2 17.4 22.8 21.9 19.7 23.0 19.7 16.9 21.8 23.6 Master Bedroom 18.0 22.9 26.4 24.8 26.9 17.8 24.6 21.0
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