# Find and interpret a 99% confidence interval for the difference in mean housing price between New Jersey and Pennsylvania. Refer

## Question:

Find and interpret a 99% confidence interval for the difference in mean housing price between New Jersey and Pennsylvania.

Refer to the dataset Homes For Sale, which has data on houses available for sale in three Mid-Atlantic states (NY, NJ, and PA) as well as California (CA). Table 6.17 has summary statistics for each of the four states, with prices given in thousands of dollars. (Since n = 30, we ask you to use the t-distribution here despite the fact that the data are quite skewed. In practice, we might have enough concern about the skewness to choose to use bootstrap methods instead.)

Table 6.17

## This problem has been solved!

Related Book For

## Statistics Unlocking The Power Of Data

ISBN: 9780470601877

1st Edition

Authors: Robin H. Lock, Patti Frazer Lock, Kari Lock Morgan, Eric F. Lock, Dennis F. Lock

Question Details
Chapter # 6- Inference for Means and Proportions
Section: Exercises
Problem: 234
View Solution