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Suppose That a Realtor Is Interested in Comparing the Price

question 20

Essay

Suppose that a realtor is interested in comparing the price of midrange homes in two cities in a midwestern state.She conducts a small survey in the two cities,looking at the price of midrange homes.Assume equal population variances.
 City A  City B  Sample Mean 86,90084,000 Sample Std Dev 23001750 Sample Size 97\begin{array} { l r r } & \text { City A } & \text { City B } \\\text { Sample Mean } & 86,900 & 84,000 \\\text { Sample Std Dev } & 2300 & 1750 \\\text { Sample Size } & 9 & 7\end{array}
Set up the alternative hypothesis to test the claim that there is a difference in the mean price of midrange homes of the two cities.


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