Question Set 2: Two Independent Means Answer the following questions using the NYC2br.MTW file. You can find...

90.2K

Verified Solution

Question

Advance Math

Question Set 2: Two Independent Means

Answer the following questions using the NYC2br.MTWfile. You can find this dataset in this assignment in Canvas (i.e.,where you downloaded this document and where you’ll upload yourcompleted lab). Data were collected from a random sample oftwo-bedroom apartments posted on Apartments.com in Manhattan andBrooklyn.

A. What is one type of graphthat could be used to compare the monthly rental rates of thesetwo-bedroom apartments in Manhattan and Brooklyn? Explain why thisis an appropriate graph. [10 points]

B. Using Minitab Express,Construct the graph you described in part A to compare theManhattan and Brooklyn apartments in this sample. [10points]

C.  Use thefive-step hypothesis testing procedure given below to determine ifthe mean monthly rental rates are different in the populations ofall Manhattan and Brooklyn two-bedroom apartments. If assumptionsare met, use a t distribution to approximate the samplingdistribution. You should not need to do any hand calculations. UseMinitab Express and remember to include all relevant output. [30points]

please use minitab.thanks!

Answer & Explanation Solved by verified expert
4.4 Ratings (810 Votes)
I have done all calculations in Minitab softwareA BoxplotAveragemonthly rental rates in Manhattan is greater Brooklyn Values aremore diapersed in Manhattan than brooklyn Also we get the Idea ofskewness from boxplot Homogeneity of variance can be tested inBoxplot which is essential assumption of 2    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students