subject
Mathematics, 26.03.2021 01:50 twinkieslayer

Home values tend to increase over time under normal conditions, but the recession of 2008 and 2009 has reportedly caused the sales price of existing homes to fall nationwide (BusinessWeek, March 9, 2009). You would like to see if the data support this conclusion. The file HomePrices contains data on 30 existing home sales in 2006 and 40 existing home sales in 2009. Click on the datafile logo to reference the data. Required:
a. Provide a point estimate of the difference between the population mean prices for the two years.
b. Develop a 99% confidence interval estimate of the difference between the resale prices of houses in 2006 and 2009.
c. Would you feel justified in concluding that resale prices of existing homes have declined from 2006 to 2009? Why or why not?

ansver
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 21:30, neriah30
Money off coupons have been circulated to 300 households. only 2/5 of these were redeemed (used) in the local supermarket to get a free shampoo. what fraction of coupons were unused? (ps: write how you got the answer)
Answers: 1
image
Mathematics, 21.06.2019 23:30, maciemessing2
Drag each number to the correct location on the statements. not all numbers will be used. consider the sequence below. -34, -21, -8, 5, complete the recursively defined function to describe this sequence
Answers: 1
image
Mathematics, 22.06.2019 02:30, chelsearodi3985
Astudent found the solution below for the given inequality. |x-9|< -4 x-9> 4 and x-9< -4 x> 13 and x< 5 which of the following explains whether the student is correct? -the student is completely correct because the student correctly wrote and solved the compound inequality. -the student is partially correct because only one part of the compound inequality is written correctly. -the student is partially correct because the student should have written the statements using “or” instead of “and.” -the student is completely incorrect because there is no solution to this inequality.
Answers: 2
image
Mathematics, 22.06.2019 06:00, lovely222
Barbara is tiling her craftroom floor with square tiles. she wants 6/10 of the square tiles to be red. if she used 18 red tiles, how many square tileswill be used to cover the floor?
Answers: 3
You know the right answer?
Home values tend to increase over time under normal conditions, but the recession of 2008 and 2009 h...

Questions in other subjects:

Konu
Mathematics, 26.11.2021 15:20
Konu
Biology, 26.11.2021 15:30
Konu
Mathematics, 26.11.2021 15:30