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Mathematics, 06.04.2021 04:10 trintrin227
In the 1800s, an extensive system of railroads connected towns in New England but as automobile use spread most of the train tracks were disassembled. In recent years, many cities have converted the unused railroad beds into "rail trails" for citizens to use for walking and biking. In one such town, researchers collected information on 104 homes and classified them as either "Closer" or "Farther Away" from the rail trail and then calculated the percentage change in estimated sale price for each home between the years 1998 and 2014.
Closer Farther Away
Mean 48.0 38.6
SD 25.4 32.5
Sample size 40 64
Required:
Conduct a hypothesis test to determine if the mean percent change in estimated sale price is different for the "Closer" and "Farther Away' groups of homes.
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In the 1800s, an extensive system of railroads connected towns in New England but as automobile use...
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