Question

Uppose a realtor is interested in comparing the asking prices of midrange homes in peoria, illinois, and evansville, indiana. the realtor conducts a small telephone survey in the two cities, asking the prices of midrange homes. a random sample of 21 listings in peoria resulted in a sample average price of $116,900, with a standard deviation of $2,300. a random sample of 26 listings in evansville resulted in a sample average price of $114,000, with a standard deviation of $1,750. the realtor assumes prices of midrange homes are normally distributed and the variance in prices in the two cities is about the same. what would he obtain for a 90% confidence interval for the difference in mean prices of midrange homes between peoria and evansville?

Answer 1

Answer:

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Step-by-step explanation:

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