For the upcoming Fall semester, freshmen are hunting for dorms
For the upcoming Fall semester, freshmen are hunting for dorms and apartments. In order to assist the families to find the most suitable apartment, the University sampled the current off-campus apartments and found out that the one bedroom apartment in Austin ranges from $768~$1170 per month. Refer to the data-set named Student Survey (sheet 1) to answer the following questions about the sample. 1. At the .05 significance level for a two-tailed test, can we conclude that there is a difference in the mean renting prices of apartments with a community gym and apartments without a gym?
2. Assuming we know that the Sample Standard Deviations are: X: s = $20.00, X: s = $35.00. Can we conclude that there is a difference in the mean renting prices of apartments within 5 minutes walking distance from campus and apartments that are 10 minutes walking distance from campus?Test at the .05 significance level for a two-tailed test.
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