Question
Need help with the methods of Hypothesis Testing for Two Populations to solve the problem Are houses with basements bigger or smaller than houses without
Need help with the methods of Hypothesis Testing for Two Populations to solve the problem
- Are houses with basements bigger or smaller than houses without basements?
Group Statistics Compare Houses with Basements and no Basements | |||||
---|---|---|---|---|---|
House Has a Basement | N | Mean | Std. Deviation | Std. Error Mean | |
Actual Selling Price of House | Does Have Basement | 91 | 101032.275 | 27378.1113 | 2870.0059 |
Does Not Have Basement | 17 | 81719.235 | 11006.7237 | 2669.5226 | |
Living Space in Square Feet | Does Have Basement | 91 | 1762.04395604 | 464.320840035 | 48.674049598 |
Does Not Have Basement | 17 | 1658.35294118 | 320.848278236 | 77.817137704 |
Independent Samples Test of Hypothesis Comparing Houses with | |||||||
---|---|---|---|---|---|---|---|
t-test for Equality of Means | |||||||
t | df | Sig. (2-tailed) | Mean Difference | Std. Error Difference | 95% Confidence Interval of the Difference | ||
Lower | Upper | ||||||
Actual Selling Price of House | 2.857 | 106 | .005 | 19313.0394 | 6760.6732 | 5909.3473 | 32716.7316 |
Living Space in Square Feet | .881 | 106 | .381 | 103.691014867 | 117.745806037 | -129.751497766 | 337.133527501 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started