For the 22 houses sold in Macomb, the average selling price was 185,000$ with standard deviation...

For the 22 houses sold in Macomb, the average selling price was 185,000$ with standard deviation of 45,000$. For the 53 houses sold in Peoria, the average selling price was 200,000$ with standard deviation of 35,000$. At a α = 0.10 level of significance, is there evidence that the mean house selling price in Macomb is less than Peoria? (a) Hypothesis: H0 :

Ha :

(b) Test Statistics=

(d) The degrees of freedom, d.f=

(e) The pooled standard deviation, Sp =

(f) Decision:

(g) Conclusion:

Solutions

Expert Solution

orchestra answered 2 years ago

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