Mathematics, 23.09.2021 14:00 notchasedeibel6575

This past year, home prices in the Midwest increased by an average of 6.6%. A realtor collects data on 36 home sales in the West. He finds an average increase in home prices of 7.5%, with a standard deviation of 2%. Can he conclude that the average increase in home prices in the West is greater than the increase in the Midwest? Use a 5% significance level for the analysis.

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This past year, home prices in the Midwest increased by an average of 6.6%. A realtor collects data...