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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
- 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 |
- 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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