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3. The price of five located in area A and the price of six houses located in ar

ID: 3045346 • Letter: 3

Question

3. The price of five located in area A and the price of six houses located in area B has been recorded and will be tested whether the home price at location A and at location B has the same median. Using Minitab, Wilcoxon Whitney test analysis was performed for two samples.
3. The price of five located in area A and the price of six houses located in area B has been recorded and will be tested whether the home price at location A and at location B has the same median. Using Minitab, Wilcoxon Whitney test analysis was performed for two samples.

Mann-Whitney Test and ct: house price location A, house price location B N Median home location price A house location price EB 5 80.00 6. 62.50 Point point estimate for ETA1- ETA2 is 13.00 96.4 percent Cl for ETA1 ETA2 is (-15.01 36.99) W= 36.0 Test of ETA! = ETA2 vs ETA1 not = ETA2 Is significant at 0.3153 The test is significant at 0.3131 (adjusted for ties) Analyze the output above what conclusions can you get? alpha-590.

Explanation / Answer

Analyzing the output given above,

The conclusion may be made based on the p value obtained,i.e the result is considered as statistically significant if the calculated p value is less  than the level of significance.

Hre, p value obtained = 0.3153

To conclude at level of significance 5%

pvalue = 0.3153>0.05,hence is insignificant.

Therefore, accepting the null hypothesis we may conclude ETA1=ETA2

Wilcoxon whitney test infers that median prices of houses located at A and B have the same median.(At 5% level of significance)

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