In the Tumbling After Real Estate Company, the managers would like to explain whether there are differences in the prices of houses in two locations: The Eastville School District and the Apple Valley School District. Jack and Jill have explained to their Area Manager, Mr. Pelo Watar that any differences in the prices of houses in the two districts can be explained by buyers' preference for the Apple Valley School District. The Manager feels, though that the differences in house prices could be explained by differences in the average ages or sizes of the houses in two districts.

A partial summary of the data is presented below in Table 1. Use the information in the Table below to answer the questions raised by Jack, Jill and Pelo Watar, Specifically,

1. List and explain all the questions that should be answered to resolve the issues raised by the three persons in this case
2. How would you go about resolving the dispute in a statistical process?
3. summary Table regarding
   1. Prices of houses in the two districts
   2. Ages of houses in the two districts
   3. Sizes of houses in the two districts
4. Describe your results and explain possible sources of any differences that you observe

Table I

Comparative Statistics of Houses: Eastville and Apple Valley Districts

	The School District Where House is Located	N	Mean	Std. Deviation	Std. Error Mean
Size of the House in Square Feet	Eastville School District	43	1658.07	444.120	67.728
Apple Valley School District	65	1803.71	439.664	54.534
The Price of the House in Thousands of Dollars	Eastville School District	43	87.675	24.6065	3.7525
Apple Valley School District	65	104.817	25.5277	3.1663
The Age of the House in Years	Eastville School District	43	12.30	4.274	.652
Apple Valley School District	65	10.52	4.793	.594

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