A real estate agent conducted an experiment to test the

Last updated: 2/17/2023

A real estate agent conducted an experiment to test the effect of selling a staged home vs selling an empty home To do so the agent obtained a list of 10 comparable homes just listed for sale that were currently empty He randomly assigned 5 of the homes to be staged meaning filled with nice furniture and decorated The owners of the 5 homes all agreed to have their homes staged by professional decorators The other 5 homes remained empty The hypothesis is that empty homes are not as appealing to buyers as staged homes and therefore sell for lower prices than staged homes The mean selling price of the 5 empty homes was 150 000 with a standard deviation of 22 000 The mean selling price of the 5 staged homes was 175 000 with a standard deviation of 35 000 A dotplot of each sample shows no strong skewness and no outliers The agent tests Ho H H 0 H H H 0 where P the true mean selling price of all comparable empty homes and the true mean selling price of all comparable staged homes The conditions for inference are met What are the values of the test statistic and P value for a f test about a difference in means Find the t table here O 150 000 175 000 22 000 35 000 5 0 10 and 0 15 O 150 000 175 000 22 000 35 000 10 30 The P value is between The P value is between