In: Statistics and Probability
The sales prices of homes (in dollars) from a random sample of 10 zip codes in the United States are recorded in the following table.
ii.Determine the p-value in (i) and interpret its meaning.
Town |
2001 |
2002 |
Alexandria |
245795 |
293266 |
Boston |
391750 |
408803 |
Decatur |
205270 |
227561 |
Kirkland |
326524 |
333569 |
New York |
545363 |
531098 |
Philadelphia |
185736 |
197874 |
Phoenix |
170413 |
175030 |
Raleigh |
210015 |
196094 |
San Bruno |
385387 |
391409 |
Tampa |
194205 |
199858 |