Assignment:
1. Gulf Real Estate Properties, Inc., is a real estate firm in southwest Florida. The company monitors condominium sales by collecting data on location, list price, sale price, and the number of days it takes to sell each unit. Each condo is classified as Gulf View if it is located directly on the Gulf of Mexico or No Gulf View if it is located on the bay or a golf course. The data set contains sales data for 40 Gulf View and 18 No Gulf View condos. Gulf View condos are denoted by "1" in the Gulf View column, whereas No Gulf View condos are denoted by "O". Prices are in thousands of dollars.
2. Develop a 95% confidence interval estimate of the population mean sales price and population mean number of days to sell for both groups. Interpret your results.