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Suppose a Realtor is interested in comparing the asking prices of midrange homes in Peoria, Illinois, and Evansville, Indiana. The Realtor conducts a small telephone

Suppose a Realtor is interested in comparing the asking

prices of midrange homes in Peoria, Illinois, and Evansville,

Indiana. The Realtor conducts a small telephone survey in the

two cities, asking the prices of midrange homes. A random

sample of 21 listings in Peoria resulted in a sample average

price of $116,900, with a standard deviation of $2,300. A

random sample of 26 listings in Evansville resulted in a

sample average price of $114,000, with a standard deviation

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