Question
We want to describe and examine the relationship between the apartment's number of days in the market and its year built. Use the two-way frequency
We want to describe and examine the relationship between the apartment's number of days in the market and its year built.
Use the two-way frequency table above to answer the following questions.
To assess whether there is a relationship the number of days the apartments were in the market and its year of build in the population, we conduct an appropriate hypothesis test. You must show all the steps of the hypothesis test.
Year built | Number of days in market | |||
30 days or less | Over 30 days | total | ||
Before 2010 | 10 | 6 | 16 | |
Between 2010 and 2016 | 20 | 20 | 40 | |
between 2017 and 2021 | 30 | 34 | 64 | |
total | 60 | 50 | 120 |
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