All house sales transactions (in R1000) concluded in two cities during a particular week are checked. The selling price of each house is noted. The following information is obtained: Town A Town B n1...

Question Is it true that on average the houses in town B are cheaper than the one in town A at a 1% level of significance. Calculate the p_value for this test. Assume that the samples are drawn from a normal population.
All house sales transactions (in R1000) concluded in two cities during a particular week are<br>checked. The selling price of each house is noted. The following information is obtained:<br>Town A<br>Town B<br>n1 = 51<br>n, = 34<br>X1= 13585<br>13600<br>%3D<br>of = 1024<br>o = 1024<br>

Extracted text: All house sales transactions (in R1000) concluded in two cities during a particular week are checked. The selling price of each house is noted. The following information is obtained: Town A Town B n1 = 51 n, = 34 X1= 13585 13600 %3D of = 1024 o = 1024

Jun 11, 2022
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