Use the data file Real-Estate to consider what factors might contribute to the price of a home.

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Use the data file Real-Estate to consider what factors might contribute to the price of a home. Specifically, consider:

• Does the price for homes with a fireplace differ significantly from the price for homes without fireplaces? Select an appropriate nonparametric test to obtain your results.

• Does the price for homes depend on the number of bedrooms? Code the bedrooms as 1, 2, 3, 4, or more. Perform an appropriate nonparametric test and report on your findings.

• Does the price of a home depend on its living area? Select an appropriate nonparametric method, and discuss your conclusions.

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Business Statistics

ISBN: 9780133899122

3rd Canadian Edition

Authors: Norean D. Sharpe, Richard D. De Veaux, Paul F. Velleman, David Wright

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