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Testing a Claim about a Difference between Means

Question 167502 • Probability and Statistics with Applications Honors Sem-2-FL-1210300 (2024-2025)

A real estate agent selects a random sample of 10 homes in the north hills and 10 homes in the south hills and finds the mean and standard deviation of their listing prices. Here are the data (in thousands of dollars):Do these data provide convincing evidence that the true mean listing price of homes in the north hills is less than homes in the south hills? Use α = 0.01.

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