The percentage of income spent on housing (includingmortgage/rent, taxes, utilities) is an important factor loan agentsuse in approving customers for mortgages. A researched selected asample of 20 homeowners in Florida and calculated their totalhousing costs are a percent of their monthly income. The researchercollected this information from the same 20 homeowners 5 years agoand again in 2019. The information collected is in the attachedExcel data file. Is it reasonable to conclude the percent is lessnow than five years ago? Use a two-sample test of hypothesis todetermine your answer. Explain and show your work, including the 6steps for hypothesis testing.
| Homeowner | Five Years Ago | Now |
| Holt | 17 | 10 |
| Pierse | 20 | 39 |
| Merenick | 29 | 37 |
| Lanoue | 43 | 27 |
| Fagan | 36 | 12 |
| Bobko | 43 | 41 |
| Kippert | 45 | 24 |
| SanRoman | 19 | 26 |
| Kurimsky | 49 | 28 |
| Davison | 49 | 26 |
| Lozier | 35 | 32 |
| Cieslinski | 16 | 32 |
| Rowatti | 23 | 21 |
| Koppel | 33 | 12 |
| Rumsey | 44 | 40 |
| McGinnis | 44 | 42 |
| Pierce | 28 | 22 |
| Roll | 29 | 19 |
| Lang | 39 | 35 |
| Miller | 22 | 12 |
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