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60 households in the Highlands neighbourhood of Edmonton were randomly sampled, 30 with garages and 30 without. Here are the summary results of assessed values

  1. 60 households in the Highlands neighbourhood of Edmonton were randomly sampled, 30 with garages and 30 without. Here are the summary results of assessed values of the houses.

Garage Sample size Sample mean Sample standard deviation
No 30 $227666.70 $164696.80
Yes 30 $437450.00 $118107.50

  1. Test if the mean assessed value is lower among the houses without garages. Perform a full 6 step hypothesis testing procedure, including stating and discussing assumptions. Use the 5% significance level.Let

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