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You must answer the original question and comment on the postings of at least two other students to receive full credit for participation. Summary table

You must answer the original question and comment on the postings of at least two other students to receive full credit for participation.

  1. Summary table regarding:
    1. Prices of houses in the two districts
    2. Ages of houses in the two districts
    3. Sizes of houses in the two districts
  2. Describe your results and explain possible sources of any differences that you observe

Table I

Comparative Statistics of Houses: Eastville and Apple Valley Districts

The School District

Where House is Located

N Mean

Std.

Deviation

Std. Error

Mean

Size of the House in Square Feet Eastville School District 43 1658.07 444.120 67.728
Apple Valley School District 65 1803.71 439.664 54.534
The Price of the House in Thousands of Dollars Eastville School District 43 87.675 24.6065 3.7525
Apple Valley School District 65 104.817 25.5277 3.1663
The Age of the House in Years Eastville School District 43 12.30 4.274 .652
Apple Valley School District 65 10.52 4.793 .594

In the Tumbling After Real Estate Company, the managers would like to explain whether there are differences in the prices of houses in two locations: The Eastville School District and the Apple Valley School District. Jack and Jill have explained to their Area Manager, Mr. Pelo Watar that any differences in the prices of houses in the two districts can be explained by buyers' preference for the Apple Valley School District. The Manager feels, though that the differences in house prices could be explained by differences in the average ages or sizes of the houses in two districts.

A partial summary of the data is presented below in Table 1. Use the information in the table below to answer the questions raised by Jack, Jill, and Pelo Watar, Specifically,

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