Question: Complete the following problems using the 6 step procedure for testing statistical hypotheses. Nickel Savings and Loan employs two firms, Schadek Appraisals and Bowyer Real

Complete the following problems using the 6 step procedure for testing statistical hypotheses.

Nickel Savings and Loan employs two firms, Schadek Appraisals and Bowyer Real Estate, to appraise the value of the real estate properties on which it makes loans. Nickel Savings randomly selects 10 homes and has both Schadek and Bowyer submit appraisals for the 10 homes. The appraisals submitted by each company is summarized in the table below. Is there a significant difference, at the .05 level, between the appraisals submitted by these companies?

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