subject
Mathematics, 12.03.2021 17:50 chiquita77

Home values tend to increase over time under normal conditions, but the recession of 2008 and 2009 has reportedly caused the sales price of existing homes to fall nationwide (Businessweek, March 9, 2009). You would like to see if the data support this conclusion. The file HomePrices contains data on 30 existing home sales in 2006 and 40 existing home sales in 2009.a) Provide a point estimate of the difference between the population mean prices for the two years. b) Develop a 99% confidence interval estimate of the difference between the resale prices of houses in 2006 and 2009.c) (Extra Credit) Would you feel justified in concluding that resale prices of existing homes have declined from 2006 to 2009

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 16:30
Aiden buys two bags of chips at $1.09 each and a 20 ounce soda for $1.20 at the gas station.he knows that the state tax is 5.5. how much change will he receive from a $5 bill?
Answers: 1
question
Mathematics, 21.06.2019 17:30
Write an expression that has three terms and simplifies to 4x - 7. identify the coefficient(s) and constant(s) in your expression
Answers: 1
question
Mathematics, 21.06.2019 17:30
When a rectangle is dilated, how do the perimeter and area of the rectangle change?
Answers: 2
question
Mathematics, 21.06.2019 18:30
Select 2 statements that are true about the equation y+6=-10(x-3).1) the slope of the line is -102) the slope of the line is 33) one point on the line is (3,6)4) one point on the line is (3,-6)
Answers: 1
You know the right answer?
Home values tend to increase over time under normal conditions, but the recession of 2008 and 2009 h...
Questions
question
Mathematics, 12.01.2021 06:00
Questions on the website: 13722362