Business > CASE STUDY > MAT_240_Module_Seven_Regional_vs_National_Hypothesis_Testing__.doc MAT_240 Report: Regio (All)

MAT_240_Module_Seven_Regional_vs_National_Hypothesis_Testing__.doc MAT_240 Report: Regio

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MAT_240_Module_Seven_Regional_vs_National_Hypothesis_Testing__.doc MAT_240 Report: Regional vs. National Housing Price Comparison Southern New Hampshire University Introduction Purpose: The purpose of the report i ...

MAT_240_Module_Seven_Regional_vs_National_Hypothesis_Testing__.doc MAT_240 Report: Regional vs. National Housing Price Comparison Southern New Hampshire University Introduction Purpose: The purpose of the report is to analyze the data from a specific region and compare to the national level the cost of homes being sold and the square footage. We are to determine if there is a significant difference in the average home cost than the national level. I will take a random sample of 100 homes from the Pacific region and create a data analysis for both the price of homes and the square footage. The next step would be to run a right tail and two- tail test to determine if the hypothesis is correct. Sample: I have used the random (=Rand()) formula in excel and sorted it from largest to smallest. I then proceed to select the first 100 data set from the Pacific region and moved it to a new excel sheet. The states included in the data is Alaska, California, Hawaii, Oregon, and Washington; the data was taken from a 2019 market analysis for each region Questions and type of test: The population parameter is a random sample of 100 homes sold in the Pacific region. We are determining if my sample of square footage for homes in this region is equal to or greater than the square footage of homes on the national level. Q1- Is the house listing price in the pacific region greater than the national level? The test I would perform is a right tailed test. Q2- Is the house listing price in the pacific region equal to the national level? The test I w. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .. .. . . . . . . . . . . . . . . . . . .. . . . .

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