There is no difference (no increase) from 2020 to 2021. The mean difference of 29 is not statistically significant (one-sided p=0.195, two-sided p=0.390).
Lale S.
asked • 05/25/22statistics homework question. please help me :/
You have been asked to conduct a national study of urban home selling prices to determine if there has
been an increase in selling prices over time. For this purpose, you randomly selected some houses in urban and considered their prices ($) in 2020 and 2021 that are given in DATA SET.
(a) Test this at 0.10 significance level.
(b) Calculate the corresponding p-value and comment.
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