10.73 [EX10-073] Penfield and Perinton are two adjacent eastside suburbs of Rochester, New York.

In previous years, they have always been considered on equal ground with respect to quality of life, housing, and education. Many new housing developments are currently going up in Penfield, and it appears that the average home value in Penfield is higher than that in Perinton. To test this theory, random samples of real estate transactions were taken in each suburb during the week of June 12, 2005. Do the data support the theory for this time frame? Use   0.10 and assume normality.

Penfield Perinton Penfield Perinton Penfield Perinton

$164,500 $127,500 $204,000 $300,000 $140,000

$134,900 $189,500 $212,500 $114,000

$295,000 $106,000 $210,000 $106,000

$235,000 $83,900