Suppose the variance of house selling prices in both Calgary and Edmonton are known. We are interested in knowing if it is likely that mean house selling prices in these two cities differ. Based on a random sample of 40 recently-sold houses from each city, we compute the value of the test statistic to be 2.12. What is the p-value for this test? Express the p-value in DECIMAL format (not as a %). Do not include a zero in front of the decimal.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 3GP
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Suppose the variance of house selling prices in both Calgary and Edmonton are
known. We are interested in knowing if it is likely that mean house selling prices in
these two cities differ. Based on a random sample of 40 recently-sold houses from
each city, we compute the value of the test statistic to be 2.12. What is the p-value
for this test? Express the p-value in DECIMAL format (not as a %). Do not include a
zero in front of the decimal.
Transcribed Image Text:Suppose the variance of house selling prices in both Calgary and Edmonton are known. We are interested in knowing if it is likely that mean house selling prices in these two cities differ. Based on a random sample of 40 recently-sold houses from each city, we compute the value of the test statistic to be 2.12. What is the p-value for this test? Express the p-value in DECIMAL format (not as a %). Do not include a zero in front of the decimal.
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