Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

Test whether there is more variation using variance test.

A real estate agent in the coastal area of Georgia wants to compare the variation in the selling price of homes on the oceanfront with those one to three blocks from the ocean. A sample of 21 oceanfront homes sold within the last year revealed the standard deviation of the selling prices was $45,600. A sample of 18 homes, also sold within the last year, that were one to three blocks from the ocean revealed that the standard deviation was $21,330. At the .01 significance level, can we end that there is more variation?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M922147

Have any Question? 


Related Questions in Statistics and Probability

A researcher was interested in the effects of weather on

A researcher was interested in the effects of weather on cognitive performance. He tested participants on either sunny or cloudy days, and obtained the following scores on a 10-item test of cognitive performance. Using t ...

Imagine that the equation for predicting y from x is y 112

Imagine that the equation for predicting y from x is y = 1.12 - .47x. How would you use this equation to predict a particular individual's score?

1 how did commerce at this stage of societal development

1. How did commerce at this stage of societal development influence the decisions/actions of governments? Some very specific results of these decisions influenced the circumstances we have today. Be sure to include addit ...

Starting in 1998 a series of credit card usage studies have

Starting in 1998, a series of credit card usage studies have been performed by Sallie Mae, a major provider of educational loans and savings programs. In a recent pilot study, a random pool of 122 loan applicants attendi ...

Throughout the early 1800s the influence of

Throughout the early 1800's the influence of industrialization and the repeated subjugation of Native Indians and slaves caused people to reflect on their role in society and attempt to reform elements of their daily liv ...

Promptfor this project you will begin by analyzing and

Prompt For this project, you will begin by analyzing and researching the Motivation in the Workplace Case Study. You will then apply at least two relevant content and process theories from this course in making your anal ...

If the slope of a straight line is 23 and correlation

If the slope of a straight line is 2.3 and correlation coefficient is 0.777, calculate coefficient of determination.

In a health insurance experiment performed in a super

In a health Insurance experiment performed in a Super Specialty Hospital 4 types of insurance categories patients are expected to occur in the proportion of 9: 3: 3: 1. The observed frequencies are 891 Insured and Surgic ...

Connie wants to have an annuity payment of 2000 at the end

Connie wants to have an annuity payment of $2,000 at the END of every three months. How much should she deposit now at 6% interest, compounded quarterly, to yield this payment for 3 years? (Use Table 12-2 in your text) $ ...

Jenks co partially refunded 180000 of its outstanding 10

Jenks Co. partially refunded $180,000 of its outstanding 10% note payable, made 1 year ago to Arma State Bank by paying $180,000 plus $18,000 interest (having obtained the $198,000 by using $52,400 cash and signing a new ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro