Test the claim of a real estate agent


Discussion:

Home Size and Selling Prices

Q: Using the sample data that is attached, 21 homes with living areas under 2000 ft(2) have selling prices with a standard deviation of $32,159.73. There are 19 homes with living areas greater than 2000 ft(2) and they have selling prices with a standard deviation of $66,628.50. Use a 0.05 significance level to test the claim of a real estate agent that homes larger then 2000 ft(2) have selling prices that vary more than the smaller homes.

Attachment:- Home sales.rar

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Basic Statistics: Test the claim of a real estate agent
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