Use Excel's t-Test: Paired Two Sample for Means and reference the output (where appropriate) in your ANSWER CELLS. SCENARIO 2: Comparing Appraisals Home Appraiser 1 Appraiser 2 A real estate company includes in its training program an assessment of its residential A $235,000 $228,000 home appraisers. The company takes a random sample of homes and has the B $210,000 $205,000 homes appraised by two different Appraisers. The company wants to determine if C $231,000 $219,000 there is a significant difference in the value each appraiser assigns to the same home. D $242,000 $240,000 The data is shown to the right. Test the claim (Ho) that there is no difference between E $205,000 $198,000 the appraisers (versus there is). Use an alpha value of 0.01. ANSWER CELLS F $230,000 $223,000 G $231,000 $227,000 What is the value for the test statitistic ("t Stat" as Excel calls it)? H $210,000 $215,000 Show your $225,000 $222,000 answers to C $249,000 $245,000 three decimal 6 What is the value for the Critical value for t? places (for K $199,000 $201,000 example, 1.235) 7 What is the the p-value for this hypothesis test? 8 Our conclusion should be that the two Appraisers are NOT providing approximately the same value for each house. True or False