Question: Penfield and Perinton are two adjacent eastside suburbs of Rochester
Penfield and Perinton are two adjacent eastside suburbs of Rochester, New York.They have both always been considered on equal ground with respect to quality of life, housing, and education. Although many new housing developments are going up in Penfield, Perinton offers the added bonus of cheaper energy rates. It is thought that Perinton is able to have higher asking prices because of this bonus. To test this theory, random samples of real estate transactions were taken in each suburb during the week of October 17, 2009. Do the data support the theory for this time frame? Use a = 0.10.
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