Question

Suburbs, each with its own attributes, are located around every metropolitan area. There is always the “rich” one (the most expensive one), the least expensive one, and so on. The dollar amounts of county transfer taxes paid on homes from five suburbs follow.
a. Do the sample data show sufficient evidence to conclude that the suburbs represented do have a significant effect on the transfer tax of their homes? Use a = 0.01.
b. Construct a graph that demonstrates the conclusion reached in part a.


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  • CreatedAugust 28, 2015
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