Sale Prices for HousesThe average sales price of new one-family houses in the Midwest is
and in the South is
. A random sample of
houses in each region was examined with the following results. At the
level of significance, can it be concluded that the difference in mean sales price for the two regions is greater than
?
(b) Find the critical value.
(c) Compute the test value.
(d) Make the decision.
(e) Summarize the results.
Use
for the average sales price for a house in the South.
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