Southern Northern Mean 154.889 167.833 Variance 354.458 521.912 Observations 18 18 Pooled Variance 438.185 Hypothesized Mean Difference df 34 p = Ex: 1.234 t Stat P(Tcnt) one-tail t Critical one-tail...

A real estate agent believes that the mean home price in the northern part of a county is higher than the mean price in the southern part of the county and would like to test the claim. A simple random sample of housing prices is taken from each region. The results are shown below.

Southern Northern<br>Mean<br>154.889 167.833<br>Variance<br>354.458 521.912<br>Observations<br>18<br>18<br>Pooled Variance<br>438.185<br>Hypothesized Mean Difference<br>df<br>34<br>p = Ex: 1.234<br>t Stat<br>P(Tcnt) one-tail<br>t Critical one-tail<br>P(T<=t) two-tail<br>t Critical two-tail<br>1.885<br>0.036<br>1.691<br>0.072<br>2.032<br>2<br>3<br>Confidence Level<br>95%<br>t = Ex: 1.234<br>n = Ex: 9<br>

Extracted text: Southern Northern Mean 154.889 167.833 Variance 354.458 521.912 Observations 18 18 Pooled Variance 438.185 Hypothesized Mean Difference df 34 p = Ex: 1.234 t Stat P(Tcnt) one-tail t Critical one-tail P(T<=t) two-tail="" t="" critical="" two-tail="" 1.885="" 0.036="" 1.691="" 0.072="" 2.032="" 2="" 3="" confidence="" level="" 95%="" t="Ex:" 1.234="" n="Ex:">

Jun 03, 2022

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Southern Northern Mean 154.889 167.833 Variance 354.458 521.912 Observations 18 18 Pooled Variance 438.185 Hypothesized Mean Difference df 34 p = Ex: 1.234 t Stat P(Tcnt) one-tail t Critical one-tail...

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