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According to a new report from the Wall Street Journal, female real estate agents sell more homes per year than male real estate agents do.
According to a new report from the Wall Street Journal, female real estate agents sell more homes per year than male real estate agents do. You, the head of a large real estate company, want to know if this is true within your organization, so you sample 39 women and 72 men. From the sample, you find that the female agents sell an average of 26.1 homes per year with a standard deviation of 74 homes. The male agents sell an average of 24.3 homes per year with a standard deviation of 5.8 homes. Let females be population 1 and males be population 2 assume the population variances are equal and use a significance level of 0.05. Find and enter the absolute value of the correct critical value needed to test your claim at the 5% significance level. Use the tables given to you in class and round your final answer to 3 decimals. Hint critical values always come from one of the tables. The things you will need to know to find the critical value include what type of test statistic you calculated (z vs. t), alpho, dl, and is this a one or two-talled test
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