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Nebud Prices Hypothesis - Speech or Presentation Example

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The real estate home sales data are taken from the website www.zillow.com. The variables considered are the sales price of houses, the age of houses in…
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Nebud Prices Hypothesis
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Nebud Prices Hypothesis

Download file to see previous pages... cuss the results of hypothesis test for the average price of houses and average price per square foot of houses in comparison to the borough in which each neighborhood is located.
Table 1 to 4 shows the 99% Confidence Interval for the average sale price of houses, average age of houses, average lot size of houses, and average price per square foot of the houses for Staten-Bright and Westbury LI neighborhoods.
A 99% confidence interval for the average sale price of houses for Staten-Bright neighborhood is between $400,823 to $463,291. Thus, it can be said with 99% confidence that the average sale price of houses for Staten-Bright neighborhood is between $400,823 to $463,291. A 99% confidence interval for the average sale price of houses for Westbury LI neighborhood is between $445,167 to $619,461. Thus, it can be said with 99% confidence that the average sale price of houses for Westbury LI neighborhood is between $445,167 to $619,461.
A 99% confidence interval for the average age of houses for Staten-Bright neighborhood is between 71.9 years to 85.0 years. Thus, it can be said with 99% confidence that the average age of houses for Staten-Bright neighborhood is between 71.9 years to 85.0 years. A 99% confidence interval for the average age of houses for Westbury LI neighborhood is between 48.2 years to 54.7 years. Thus, it can be said with 99% confidence that the average age of houses for Westbury LI neighborhood is between 48.2 years to 54.7 years.
A 99% confidence interval for the average lot size of houses for Staten-Bright neighborhood is between 3,825 square feet to 4,827 square feet. Thus, it can be said with 99% confidence that the average lot size of houses for Staten-Bright neighborhood is between 3,825 square feet to 4,827 square feet. A 99% confidence interval for the average lot size of houses for Westbury LI neighborhood is between 7,590 square feet to 9,647 square feet. Thus, it can be said with 99% confidence that the average lot size of houses ...Download file to see next pagesRead More
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