Question: The table shows the sales prices for a random sample of apartment condominiums and cooperatives in four U.S. regions. At a = 0.01, can you
The table shows the sales prices for a random sample of apartment condominiums and cooperatives in four U.S. regions. At a = 0.01, can you conclude that the distributions of the sales prices in these four regions are different? (Adapted from National Association of Realtors) Region Sales Price (in thousands of dollars) Northeast 252.5 245.5 237.9 270.2 265.9 250.0 259.4 238.6 Midwest 188.9 205.1 200.9 175.9 170.5 191.9 185.3 187.1 South 175.5 150.9 149.8 164.6 169.5 190.5 172.6 161.01 West 218.5 201.9 255.7 230.0 189.9 225.7 220.0 206.3
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
