Objective
I am going to compare the prices in the South Atlantic States (Group 1) to the prices in the East and West South Central States (Group 2). The question to answer is if the prices in the south are lower than in other regions.
Conditions and Rejection Criteria
The test is the comparison of the mean values of two groups: houses in the South Atlantic States and the East and West South Central States. The sample size is 8 houses prices in each of the group, total 16 observations. The research question is interpreted into hypothesis. The null hypothesis H0 states that the ...
