Applied Statistics in Business and Economics
Applied Statistics in Business and Economics
5th Edition
ISBN: 9781259329050
Author: DOANE
Publisher: MCG
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Chapter 16, Problem 25CE
To determine

State the hypotheses, test statistic and the two-tailed p-value.

Make a decision for the research question “whether there is a difference in the median square footage of homes sold in Grosse hills and Haut Nez Estates?” and identify whether the research question is close to the obtained decision.

Identify the issues of sample size.

Identify whether non-normality is concerned or not.

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