Question: StatKey was used to construct a 95% confidence interval to estimate the difference between the mean prices of homes in New York and New Jersey.
StatKey was used to construct a 95% confidence interval to estimate the difference between the mean prices of homes in New York and New Jersey. mean of NY minus mean of NJ = 177.13 The margin of error was +- 261.15 Given this information, is $0 a reasonable estimate for mean of NY minus mean of NJ? ? Yes, $0 is a reasonable estimate No, $0 is not a reasonable estimate
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