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.

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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 1: Test Set-up

The next test is a t-test for unequal variance. The human resources department at Sue, Grabitt, and Runne is tracking the cost of one-bedroom apartments in two popular neighborhoods, NoBo and SoBo. Long-time residents perceive that rents are lower in SoBo. The goal is to determine whether the average rent for a one-bedroom apartment is lower in SoBo than in NoBo. The survey results are shown in Tables 18 and 19:

- **NoBo:** 
  - $892, $974, $1,236, $1,325, $1,128, $1,158, $1,167, $1,201, $897, $1,029
  - $968, $1,055, $1,091, $994, $1,299, $1,127, $1,015, $961, $1,310

- **SoBo:** 
  - $865, $999, $1,303, $1,129, $1,061, $1,184, $1,000, $980, $1,105, $1,255
  - $2,000, $1,266, $1,243, $978, $1,244, $1,233, $1,164, $1,087, $1,315, $1,450
  - $1,244, $1,168, $1,183, $1,131, $1,000, $1,150, $1,261, $851, $1,267, $1,425
  - $1,400, $1,175, $1,025, $1,213, $1,150, $1,212, $1,012, $1,248, $1,250
  - $1,425, $1,182, $1,015, $1,139, $1,091, $1,158, $1,251, $1,150, $1,340, $1,332
  - $1,133, $1,000, $1,391, $1,272, $1,066, $1,293, $1,025, $1,178, $1,306
  - $1,119, $
Transcribed Image Text:### Step 1: Test Set-up The next test is a t-test for unequal variance. The human resources department at Sue, Grabitt, and Runne is tracking the cost of one-bedroom apartments in two popular neighborhoods, NoBo and SoBo. Long-time residents perceive that rents are lower in SoBo. The goal is to determine whether the average rent for a one-bedroom apartment is lower in SoBo than in NoBo. The survey results are shown in Tables 18 and 19: - **NoBo:** - $892, $974, $1,236, $1,325, $1,128, $1,158, $1,167, $1,201, $897, $1,029 - $968, $1,055, $1,091, $994, $1,299, $1,127, $1,015, $961, $1,310 - **SoBo:** - $865, $999, $1,303, $1,129, $1,061, $1,184, $1,000, $980, $1,105, $1,255 - $2,000, $1,266, $1,243, $978, $1,244, $1,233, $1,164, $1,087, $1,315, $1,450 - $1,244, $1,168, $1,183, $1,131, $1,000, $1,150, $1,261, $851, $1,267, $1,425 - $1,400, $1,175, $1,025, $1,213, $1,150, $1,212, $1,012, $1,248, $1,250 - $1,425, $1,182, $1,015, $1,139, $1,091, $1,158, $1,251, $1,150, $1,340, $1,332 - $1,133, $1,000, $1,391, $1,272, $1,066, $1,293, $1,025, $1,178, $1,306 - $1,119, $
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