Loading
HomeMath Help › It has been expressed by real estate professionals that s...
Status: Completed
It has been expressed by real estate professionals that swimming pools do not increase the value of a home. Conduct a hypothesis test for two independent samples to determine if the mean sales are different for homes with and without a pool. Use a .05 significance level. Describe your findings using proper statistical language. Note: that this problem requires an assumption that homes with a pool versus those without one are not much different otherwise; i.e., if those with a pool are in better locations, made of better materials, are newer and larger, then those homes will be worth more and it will not have anything to do with a pool. For the sake of simplicity, we will assume that the homes or without a pool have similar variability in them. Assigned Problem 2: We would like to find out how different two real estate agents can be in their appraisals of a property. Conduct a hypothesis test for paired samples and test if there is a difference in the mean a
Date Posted: 05/03/2021
Category: Math
Due Date: 06/03/2021
Instruction
We will create an answer Excel spreadsheet to write the solution to our problems. After writing your name and Module 5 in the first two rows of the left-hand column and then skipping a row, label cell a4 as “Problem 1” and do likewise after we solve each one. Always start a hypothesis problem with stating the null and alternative hypothesis, in this case: Ho: μp = μnp ; Ha: μp > μnp and α = .05 . Find the c.v., which is a t-value with 99 degrees of freedom, 1.66. You need to find the sample mean and sample standard deviation of home with pools, those without pools and write these on you answer spreadsheet. Sorting column E will provide you with the raw information you need. We not know the population standard deviation, so, we must use a t-distribution to find the S.T.S. The standardized test statistic is t = { (ā1 – ā2) – (μ1 - μ2) } / √ (s12 /n1 + s22 /n2 ) = Observed difference – Hypothesized difference Standard error This formula assumes the variances are not equal, just like when we use a normal dist. Compare this to the c.v. or calculate the p-value. State your conclusion. For Problem 2, we need to create a new column, which will be the difference between column J from K, or vice-versa. Find the mean and standard deviation of the difference column and write these on your answer spreadsheet right after stating the null and alternative hypothesis. We have only sample data therefore, we must use a t-distribution. Find the c.v. on this two-tail test, which I come up with as ± 1.984. Determine the standardized test statistic, t = (ā - μā ) / (s /√n) , compare them, reject or fail-to-reject the null hypothesis and then state your conclusion. In Problem 3, after stating the null and alternative hypothesis, Ho: pb = po , Ha: pb > po , α = .05 , you may first sort column E and then sort column F. Calculate p-hat for both the proportion of brick homes with pools and the proportion of (other + frame) homes with pools. Find the c.v. for a z-distribution; i.e., z = 1.645. Test statistic is ̂p1 - ̂p2, the Standardized Test Statistics is z = {(̂p1 - ̂p2) – (p1 - p2)} / √ (p¯• q¯ (1/n1 + 1/n2)) p¯ = (x1 + x2) / (n1 + n2) = (n1̂̂p1 + n2 ̂p2) / (n1 + n2) = the weighted estimate Reject or fail-to-reject the null hypothesis and state your conclusion. In Problem 4, we need to add the Data Analysis tool to our display. We are going to set up the Data Analysis tool under the “Data” tab. Start by going to “File”, then all the way at the bottom, “Options”, then on the left highlight “Add-ins” and hit “Go” not enter, highlight Analysis Data Pak and hit Go, when the pop-up window appears check Analysis Data Pak and hit OK. This will now show up under the “Data” tab and be the right most entry. For Apple computers, start by going to “Tools” and then “add-ins”. On your answer spreadsheet, label four columns, two-bedroom, three-bedroom, etc. Sort column B on the data sheet. Using the ctrl c capability of your computer, copy column I for all the two-bedroom homes onto your answer spreadsheet. Do likewise for three, four and five-bedroom homes. Arrange each of these columns in ascending order; i.e., the smallest column to the largest. State your null hypothesis and alternative; i.e., Ho: All the means are the same; Ha: At least one mean is different. α = .05. With Data Analysis installed, go to “ANOVA Single Factor” and fill in the Input Range. Put in the first entry on your spreadsheet : the last entry; i.e., you are sweeping your ordered array. The Output Range is where on the page you want all the information that Excel will provide. When initiated, the Between Groups shows the degrees of freedom—the number of variables minus one, the F standardized test statistic, the F critical value and the p-value. State your conclusion comparing the p-value and α.
Bidders
Respectwriter 5 years ago
Rated 9.03 earned 26253.25 around 814 assignments.
I am an expert in this subject, kindly consider my bid.Thank you
$60.00
  • {$ item.message_content $}
    {$ item.sender_username $} | {$ item.date_entered $}
 
 
highquality 5 years ago
Rated 8.77 earned 11734.44 around 327 assignments.
Dear client, I have read and understood the task requirements and I can assure you that I will deliver a WELL-RESEARCHED and a HIGH-QUALITY paper BEFORE the deadline. In addition, I promise to deliver a 100% plagiarism-free paper that meets all your expectations. Kindly assent to my bid. Thank you in advance
$50.00
  • {$ item.message_content $}
    {$ item.sender_username $} | {$ item.date_entered $}
 
 
kingz 5 years ago
Rated 9.4 earned 52183.12 around 1434 assignments.
Hello, I will do this assignment and I will make it an A grade work
$65.00
  • {$ item.message_content $}
    {$ item.sender_username $} | {$ item.date_entered $}
 
 
WBURO 5 years ago
Rated 9.24 earned 75186.09 around 2159 assignments.
I have read the instructions for this assignment twice and understood. The task falls within my area of specialization and this will be a good plus as I commence working on the assignment if you trust me and assign
$70.00
  • {$ item.message_content $}
    {$ item.sender_username $} | {$ item.date_entered $}
 
 
drjim 5 years ago
Rated 9.55 earned 24203.41 around 648 assignments.
Hello! I can work on this task asap. I can also help you with your whole class at a discount!
$30.00
  • Hello. I've uploaded it. Kindly check and add a bonus. Thank you
    drjim | Mar 07, 2021, 03:04 AM
  • can you put it in the excel spread sheet
    User_35394 | Mar 08, 2021, 01:06 AM
  • Sure. And it was quite complex. I was wondering if you could add a bonus.
    drjim | Mar 08, 2021, 01:09 AM
  • {$ item.message_content $}
    {$ item.sender_username $} | {$ item.date_entered $}
 
 
WritingPartner 5 years ago
Rated 9.31 earned 24940.11 around 808 assignments.
Hello dear friend, I'm online NOW and I'm happy to help you. I would like to express my interest in doing your assignment. I will go through your summary and instruction carefully and do your task. I promise to commit my skills and the great experience to guarantee you a top-notch quality paper, with zero grammatical errors, and a 100% free from PLAGIARISM. Besides my skill and experience, I respond promptly to my client and provide a quick turnaround. Kindly hire me, and I’ll make you proud. I’m looking forward to working with you. Thank you!
$30.00
  • {$ item.message_content $}
    {$ item.sender_username $} | {$ item.date_entered $}
 
 
BrazehVick 5 years ago
Rated 9.46 earned 8054.16 around 279 assignments.
Hello there, do you need help with assignment? I offer quality, timely, well researched, original and free from plagiarism, essays, Dissertations, Matlab, Statistics, Article Review, Computer Science, FULL ONLINE COURSES and EXAMS, full project work among others at your price. Kindly ping me for a friendly deal. Thanks.
$150.00
  • Kindly assign to me this task and expect the perfect paper beyond your expectation, thank you
    BrazehVick | Mar 05, 2021, 03:37 AM
  • I Will give you the perfect work you deserve
    BrazehVick | Mar 05, 2021, 03:37 AM
  • Kindly assign me and i will give you quality and original paper
    BrazehVick | Mar 05, 2021, 03:37 AM
  • Since i do not have any other assignment, i will start your work right away, putting all my concentration in your work, thank you
    BrazehVick | Mar 05, 2021, 03:38 AM
  • Kindly assign me and i will give you quality and original paper
    BrazehVick | Mar 05, 2021, 03:38 AM
  • Will give you in the shortest time possible
    BrazehVick | Mar 05, 2021, 03:38 AM
  • {$ item.message_content $}
    {$ item.sender_username $} | {$ item.date_entered $}
 
 
lawriekaks 5 years ago
Rated 8.89 earned 2428.33 around 88 assignments.
Hi my dear friend, I am a highly qualified and experienced tutor. I guarantee the best possible grade in this assignment. I have read and understood the prompts. I will surely complete it within the due time. kindly assign and I won't disappoint. Thank you.c
$30.00
  • {$ item.message_content $}
    {$ item.sender_username $} | {$ item.date_entered $}
 
 
paulk 5 years ago
Rated 9.77 earned 9672.34 around 332 assignments.
I’m an expert in this field and I promise to deliver quality within the shortest time possible.
$50.00
  • {$ item.message_content $}
    {$ item.sender_username $} | {$ item.date_entered $}
 
 
surrogatewriter 5 years ago
Rated 9.31 earned 74294.00 around 2800 assignments.
After reviewing your instructions, I decided to bid confidently that I will deliver. Thanks
$50.00
  • {$ item.message_content $}
    {$ item.sender_username $} | {$ item.date_entered $}
 
 
funwriter 5 years ago
Rated 9.44 earned 21955.32 around 740 assignments.
Hey, this assignment fits perfectly into my career and area of study in this course. In fact I have done similar assignments before and got bonus because of the quality work that I delivered. So kindly assign assignment to me.
$50.00
  • Hey, this assignment fits perfectly into my career and area of study in this course. In fact I have done similar assignments before and got bonus because of the quality work that I delivered. So kindly assign assignment to me.
    funwriter | Mar 05, 2021, 02:25 AM
  • {$ item.message_content $}
    {$ item.sender_username $} | {$ item.date_entered $}
 
 
benmasila 5 years ago
Rated 9.21 earned 44713.54 around 1090 assignments.
Hello, are you looking for the best academic writer? Do you need an A grade in your assignment? Do you need your work delivered before the DUE DATE? DON'T WORRY BECAUSE I'M HERE FOR YOU. I'm an expert and a proficient tutor. I have a vast experience and I can assure you of an A grade in this assignment. I deliver timely and plagiarism free papers with impeccable grammar. Please choose me to do your assignment and enjoy my excellent services. I'M THE BEST DEAL YOU WOULD GET.
$60.00
  • {$ item.message_content $}
    {$ item.sender_username $} | {$ item.date_entered $}
 
 
financeville 5 years ago
Rated 9.22 earned 28485.23 around 697 assignments.
Hello, are you looking for the best academic writer? Do you need an A grade in your assignment? Do you need your work delivered before the DUE DATE? DON'T WORRY BECAUSE I'M HERE FOR YOU. I'm an expert and a proficient tutor. I have a vast experience and I can assure you of an A grade in this assignment. I deliver timely and plagiarism free papers with impeccable grammar. Please choose me to do your assignment and enjoy my excellent services. I'M THE BEST DEAL YOU WOULD GET.
$30.00
  • {$ item.message_content $}
    {$ item.sender_username $} | {$ item.date_entered $}
 
 
bestwriter 5 years ago
Rated 9.51 earned 8477.76 around 324 assignments.
Hello client, please let me help you for an outstanding work. I will deliver a plagiarism free work on time, with correct grammar and with accurate answers arrived after strictly following instructions
$65.00
  • Hi client, I’m an expert in this assignment and I am really interested in helping you. Kindly consider my bid for an excellent result. Thank you
    bestwriter | Mar 05, 2021, 02:13 AM
  • {$ item.message_content $}
    {$ item.sender_username $} | {$ item.date_entered $}
 
 
TalentedTeacher 5 years ago
Rated 9.33 earned 18202.75 around 525 assignments.
Hi client, I’m an expert in this assignment and I am really interested in helping you. Kindly consider my bid for an excellent result. Thank you
$60.00
  • Hello friend, hope you are doing good. May I help please?
    TalentedTeacher | Mar 05, 2021, 02:13 AM
  • {$ item.message_content $}
    {$ item.sender_username $} | {$ item.date_entered $}
 
 
Regina_Kioko 5 years ago
Rated 10.0 earned 807.99 around 19 assignments.
Hello
$100.00
  • {$ item.message_content $}
    {$ item.sender_username $} | {$ item.date_entered $}