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Q. Roy Rogers the lead broker at C-U Broke (a local estate brokerage firm) is interested in identifying whether there is a difference in the number of days that a house stays on the marketplace in Champaign (population 1) versus Urbana (population 2). Roy has collected a random sample of 60 houses in each city also calculated the average number of days on the marketplace to be 39.4 also 36.1 days, respectively. From previous studies, he is able to assume the population standard deviations are 5 also 4.3, respectively.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M9171853

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