We are interested in whether or not the average cost of a house in Canton, NY (the

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We are interested in whether or not the average cost of a house in Canton, NY (the hometown of the Lock family) is significantly different from the national average of $265,000. Table 6.5 and the histogram in Figure 6.19 show the cost (in thousands of dollars) of a sample of 10 houses for sale in Canton. These prices are stored in HomesForSaleCanton. Do the appropriate test to determine if the sample provides evidence that the average price of a house in Canton is different from the national average.

Table 6.5

Canton 169 299 325 75 89 105 59 110 168 69

Figure 6.19

2. 50 100 150 200 250 300 350 Prices Canton 3 4.

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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

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