Realestae Non-Par. Hypoth. Paper

Real Estate As the real estate mart has changed many timed over the last hundred years, we halt seen the clean price increase to meet the demand that lump has station upon us. There has been an average price put on wholly products that we sell and trade among one a nonher. Home prices squ ar off into a category as a need for exclusively people. We raise to average the floor look ons by the home prices slightly it. Looking at the average prices we being with squ are footage and the yield of bedrooms that the home has. Hypothesis Statement Buyers now pull in many more than amenities available to take avail of because of the abundance of houses on the market. Buyers need to decide if they deprivation a house with triple bedrooms or a house with the well-nigh full-blooded feet for their money. The hypotheses are to determine the relation of price and proceeds of bedrooms to the add square footage of a home for sale. To study our hypotheses we willing run Chi- s quare up tests of freedom testing whether: broker A (price) Ho: Price is self-sufficing of centre square footage. H1: Price is non self-reliant of total square footage. Factor B (number of bedrooms) Ho: Number of Bedrooms is independent of total square footage. H1: Number of Bedrooms is not independent of total square footage.

Data Factor A Total Square Feet Price2400 125k-179k41161 180k-234k823105 235k-289k11086 289k-345k0345 Factor B Total Square Feet No. of Bedrooms2400 261251 341372 411186 5+21188 Decision Rule In this test we will be using a 95% direct of confidence. For Factor A table, we have r = 4 rows and c = 4 column! s, so degrees of freedom are v = (r 1)(c 1) = (4 1)(4 1) = 9. So, the detailed value obtained from surpass using =CHIINV(.05,9) = 16.92. For Factor B table, we besides have r = 4 rows and c = 4 columns so the critical value remains 16.92. For ? = .05 in a right-tailed test, the close rule is: protest Ho if ?² > 16.92 Otherwise do not reject Ho...If you want to get a full essay, send it on our website: OrderCustomPaper.com

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