One measure of the state of the economy is the amount of money homeowners pay on their mortgage each month. To determine the extent of change between this year and 5 years ago, a random sample of 150 homeowners was drawn. The monthly mortgage payment for each homeowners for this year and for 5 years ago were recorded. Can we infer that mortgage payments have risen over the past 5 years.

Use a 5% significant

This Year avg: 937.909867

5 years ago avg: 925.5089333