Refer to the Real Estate data in Blackboard. Determine if there is...

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270,800 6 2500 1 7 4 1 2 252,300 4 2600 1 8 4 1 2 345,300 8 2600 1 9 4 1 2 187,000 2 1900 1 26 4 2 257,200 2 2100 1 9 4 1 2 294,300 7 2400 1 8 4 1 2 125,000 2 1900 1 18 4 0 1.5 164,100 4 2300 1 19 4 0 2 240,000 4 2600 1 13 4 1 2 188,100 2 1900 1 8 4 1 1.5 243,700 6 2700 1 7 4 1 2 227,100 4 2900 1 8 4 1 2 310,800 8 2900 1 9 4 1 2 179,000 2400 1 OO 4 1 2 173,600 4 2100 1 9 4 1 2

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Refer to the Real Estate data in Blackboard. Determine if there is a difference in the mean selling price of homes with a pool and homes without a pool. Use a statistical software package to determine the mean, standard deviation, and sample size of the homes with a pool and the homes without a pool. (Minitab: Stat - Basic Statistics - Display Descriptive Statistics - Variables = Price, By Variables = Pool, Statistics = mean, std dev, and N total) (SPSS: Analyze - Compare Means - Means - Dependent list = Price, Independent list = Pool, Options - cell stats = mean, #cases, and std deviation)