Question: Hello im really struggling with statistics. pls help me with this practice question. im so losttt... thank you so muchh A real estate broker wants

Hello im really struggling with statistics. pls help me with this practice question. im so losttt...thank you so muchh A real estate broker

Hello im really struggling with statistics. pls help me with this practice question.

im so losttt...

thank you so muchh

wants to analyze the real estate prices in the GTA. She took

sample of 35 houses in Mississauga. The sample means (in 5 thousands)

A real estate broker wants to analyze the real estate prices in the GTA. She took a random sample of 35 houses in Richmond Hill and another random sample of 35 houses in Mississauga. The sample means (in 5 thousands) are $1 = 491 for Richmond Hill and 12 = 474 for Mississauga. The population standard deviations are 01 = 91.6 for Richmond Hill and 02 = 75.7 for Mississauga. Can she claim at a 3% significance level that the average price in Richmond Hill is higher than the average price in Mississauga? Use the z-test for independent samples and the formula, ($1 - 12) - (/1 - #2) 2 st (a) State the null and alternative hypotheses, and identify which one is the claim. Ho: Select an answer ? v H1: Select an answer v ? Which one is the claim: OHo OH1 For parts (b), (c) use the correct sign for the z-value (from the z-score table) and test statistic, and round your answers to 3 decimal places as appropriate. (b) What is the critical z-value? (c) What is the test statistic? (d) Is the null hypothesis rejected? O Yes O No (e) Is the claim supported? No, there is not sufficient evidence to support the claim that the average price in Richmond Hill is higher than the average price in Mississauga. O Yes, there is sufficient evidence to support the claim that the average price in Richmond Hill is higher than the average price in Mississauga.Ho: Select an answer V ? Select an answer Hi - X X1 - : X1 - X:

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