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Category > Statistics Posted 13 May 2017 My Price 3.00

New construction

New construction. The sample of 100 house sales we looked at in Exercise 13 also listed whether the home was new construction or not. Find and interpret a 95% confidence interval for how much more an agent can expect to sell a new home for. Here are the summaries and boxplots of the Sale Prices:

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Alpha Geek
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Status NEW Posted 13 May 2017 09:05 AM My Price 3.00

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file 1494669382-Answer.docx preview (89 words )
N-----------ew -----------con-----------str-----------uct-----------ion-----------. T-----------he -----------sam-----------ple----------- of----------- 10-----------0 h-----------ous-----------e s-----------ale-----------s w-----------e l-----------ook-----------ed -----------at -----------in -----------Exe-----------rci-----------se -----------13 -----------als-----------o l-----------ist-----------ed -----------whe-----------the-----------r t-----------he -----------hom-----------e w-----------as -----------new----------- co-----------nst-----------ruc-----------tio-----------n o-----------r n-----------ot.----------- Fi-----------nd -----------and----------- in-----------ter-----------pre-----------t a----------- 95-----------% c-----------onf-----------ide-----------nce----------- in-----------ter-----------val----------- fo-----------r h-----------ow -----------muc-----------h m-----------ore----------- an----------- ag-----------ent----------- ca-----------n e-----------xpe-----------ct -----------to -----------sel-----------l a----------- ne-----------w h-----------ome----------- fo-----------r. -----------Her-----------e a-----------re -----------the----------- su-----------mma-----------rie-----------s a-----------nd -----------box-----------plo-----------ts -----------of -----------the----------- Sa-----------le -----------Pri-----------ces-----------: ----------- A-----------nsw-----------er:----------- -----------The----------- 95-----------% c-----------onf-----------ide-----------nce----------- in-----------ter-----------val----------- fo-----------r t-----------he -----------mea-----------n d-----------iff-----------ere-----------nce----------- am-----------ong----------- th-----------e o-----------ld -----------con-----------str-----------uct-----------ion----------- an-----------d n-----------ew -----------con-----------str-----------uct-----------ion----------- is----------- (------------925-----------86.-----------385-----------7. ------------39-----------754-----------.81-----------43)-----------.
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