Cities Only data online, which reports information  on average house prices nationally and in a selection of cities across Canada.

a. Develop a 98% confidence interval for the mean list price for all cities for January 2014.

b. Is it possible that the population mean is $300,000? Test at the 0.05 significance level. What is the  p-value? Use this result in your answer.

c. Is it possible that the population mean is $400,000? Use the results in part (a) to test at the 0.02 significance  level. What is the p-value? Use this result to support your answer.