Question: A real estate agent compares the selling prices of homes

A real estate agent compares the selling prices of homes in two municipalities in southwestern Pennsylvania to see if there is a difference. The results of the study are shown. Is there enough evidence to reject the claim that the average cost of a home in both locations is the same? Use α = 0.01.
a. State the hypotheses and identify the claim.
b. Find the critical value(s).
c. Compute the test value.
d. Make the decision.
e. Summarize the results.



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  • CreatedSeptember 02, 2015
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