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Before the unprecedented decline in home sales that started in late 2008, the National Association of Realtors profile of home buyers and sellers indicated that
Before the unprecedented decline in home sales that started in late 2008, the | ||||||
National Association of Realtors profile of home buyers and sellers indicated | ||||||
that the percentage of home buyers who are single women has more than | ||||||
doubled since 1981, whereas the percentages of home buyers who are single | ||||||
men has declined. This occurred despite evidence indicating that womens | ||||||
salaries still lag behind those of men. The Associations profile states that the | ||||||
median income for men and women home buyers was $58.939 and $47,315, | ||||||
respectively. Assume the respective standard deviations and sample sizes | ||||||
were $10,000 and $9,000, and 200 and 302.
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