Question
You have been hired by the Regional Real Estate Company to help them analyze real estate data. One of the company's Pacific region salespeople just
You have been hired by the Regional Real Estate Company to help them analyze real estate data. One of the company's Pacific region salespeople just returned to the office with a newly designed advertisement. The average cost per square foot of home sales based on this advertisement is $280. The salesperson claims that the average cost per square foot in the Pacific region is less than $280. In other words, he claims that the newly designed advertisement would result in higher average cost per square foot in the Pacific Region. He wants you to make sure he can make that statement before approving the use of the advertisement. In order to test his claim, you will generate a random sample of size 750 houses using data for the Pacific region and use this data to perform a hypothesis test.
Prompt
Generate a sample of size 750 houses using data for the Pacific region. Then, design a hypothesis test and interpret the results using significance level = .05. You will work with this sample in this assignment. Briefly describe how you generated your random sample.
Data Analysis Preparations
[Provide the descriptive statistics of the sample (sample size, mean, median, and standard deviation).]
[Provide a histogram of the sample.] can you show an an example I need to visually see it
[Summarize your sample by writing a sentence describing the shape, center, and spread of your sample.]
[Check whether the assumptions to perform your identified test have been met.]
[Identify the test significance level. For example, = .05]
The examples of the Pacific region below I've accessed it through adobe no problem just copied and pasted in search
https://documentcloud.adobe.com/link/review?uri=urn:aaid:scds:US:8aca59d8-157b-46a6-924c-e84359cc9e2a
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