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B) use the bootstrap distribution bellow to estimate a 95% confidence interval for the difference in mean home price in New Jersey & New York

B) use the bootstrap distribution bellow to estimate a 95% confidence interval for the difference in mean home price in New Jersey & New York

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a. Suppose that you have a sample statistic for a difference in proportions 4 poi that is phat1-phat2= -.211. Where would the center of a bootstrap distribution be located? Where would the center of a randomization distribution be located? Your answer Bootstrap Distribution Bootstrap Dotplot of *1 -X2 Left Tail Two-Tail Right Tail samples = 1000 40 mean =-186.943 std. error = 135.274 30 20 ........... . ....... ............... .............. ..... ....... ::.... ... 10 .: . -700 -600 -500 -400 300 200 -100 -186.943 0 100

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