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(A) T-Test: Mean Selling Price in Good Year Area Is More Then $220000 | PDF
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(A) T-Test: Mean Selling Price in Good Year Area Is More Then $220000

The document reports the results of two one-sample t-tests: 1) A t-test comparing the mean selling price in a good year area to $220,000 found no significant difference (p=0.976). 2) A t-test comparing the mean home size to 2,100 square feet found a significant difference (p=0.000), indicating the mean size was greater than 2,100 square feet.

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mariam bhatti
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53 views2 pages

(A) T-Test: Mean Selling Price in Good Year Area Is More Then $220000

The document reports the results of two one-sample t-tests: 1) A t-test comparing the mean selling price in a good year area to $220,000 found no significant difference (p=0.976). 2) A t-test comparing the mean home size to 2,100 square feet found a significant difference (p=0.000), indicating the mean size was greater than 2,100 square feet.

Uploaded by

mariam bhatti
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Question 66 :

(A)

T-Test

One-Sample Statistics

N Mean Std. Deviation Std. Error Mean

?P 80 219.84 47.605 5.322

One-Sample Test

Test Value = 220

99% Confidence Interval of the


Difference

t df Sig. (2-tailed) Mean Difference Lower Upper

?P -.030 79 .976 -.158 -14.21 13.89

Steps:

Mean selling price in good year area is more then $220000

Step 1: H0=. $220000 H1>$220000


Step 2: 0.01
Step 3:T- test
Step 4:calculation by spss
Step 5:
Interpretation:
P value is 48.8% and alpha is 1% so we can say that H0 is not rejected
and conclude that selling price is not more then alpha
(B)
T-Test
One-Sample Statistics

N Mean Std. Deviation Std. Error Mean

?S 80 2217.50 249.442 27.889

One-Sample Test

Test Value = 2100

99% Confidence Interval of the


Difference

t df Sig. (2-tailed) Mean Difference Lower Upper


?S 4.213 79 .000 117.500 43.89 191.11

Mean size was more then 2100 square feet.


Step 1: H0=2100 H1>2100
Step 2: 0.01
Step 3: T- test
Step 4: calculation by spss
Step 5:
Interpretation:
Hence p value=0% which is less then alpha when is 1% ho is rejected
so we can conclude that selling mean size is more then 2100 square
feet.

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