In: Statistics and Probability
1) A company takes a sample of people in two sections of the city, the North Bronx and South Bronx, they believe that the two parts of the city have the same levels of rent. The company first takes a sample of 30 from the North Bronx and 20 from South Bronx (SOBRO). They found that the students from the North Bronx pays an average of 1600 dollars a month for their apartment with a standard deviation of 200. The sample from South Bronx pay an average of 2000 dollars a month for a one bedroom with the standard deviation of 150 dollars. Assume the populations are normally distributed and the population variances are equal. Use an alpha of .05 for the study.