A certain company will purchase the house of any employee who is transferred out of state and will handle all details of reselling the house. The purchase price is based on two assessments, one assessor being chosen by the employee and one by the company. Based on the sample of eight assessments shown, do the two assessors agree? Use the .01 level of significance.

Assessments of Eight Homes ($ thousands)

Assessed by {Home 1} {Home 2} {Home3} {Home 4} {Home 5} {Home 6} {Home 7} {Home 8}

Company 328 350 455 278 290 285 535 745

Employee 318 345 470 285 310 280 525 765

(b)State the decision rule for .01 level of significance.(Round your answers to 2 decimal places. A negative value should be indicated by a minus sign.)

Reject the null hypothesis ift_calc< (__________) ort_calc>(__________)

(c-1)Find the test statistict_calc.(Round your answer to 2 decimal places. A negative value should be indicated by a minus sign.)

t_calc(__________)