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Sample Data Association for Remodeling Projects

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The association of Home Builders provided information on the cost of the most popular home remodeling projects. Sample data on cost for the two types of remodeling projects are as follows.(in thousands of dollars)

Kitchen Master Bedroom
25.2 18
17.4 22.9
22.8 26.4
21.9 24.8
19.7 26.9
23 17.8
19.7 24.6
16.9 21
21.8
23.6

Analysts at Zillow.com were not able to find a significant difference between the mean price of these two projects

Formulate the hypotheses and rejection rule below to test whether there is a difference between the two population means

Compute the p-value below

Use ? = .05. What is your conclusion?

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Solution Summary

The sample data for remodeling project association is examined.

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Sample data on cost for the two types of remodeling projects are as follows.(in thousands of dollars)

Kitchen Master Bedroom
25.2 18
17.4 22.9
22.8 26.4
21.9 24.8
19.7 26.9
23 17.8
19.7 24.6
16.9 21
21.8
23.6

Analysts at Zillow.com were not able to find a ...

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