Table 18.16 gives the median 2009 and 2010 prices for used homes (in thousands o

Question

Table 18.16 gives the median 2009 and 2010 prices for used homes (in thousands of dollars) for six randomly selected U.S. housing markets. Use a nonparametric test to attempt to show that housing prices decreased from 2009 to 2010. Use = .05. and explain your conclusion. (Round your answer to 3 decimal places. Negative answer should be indicated by a minus sign.)

2009 and 2010 Median Price for used homes (in thousands of Dollars) for six randomly selected housing markets

Housing Market 2009 Median Price 2010 Median Price 1 $243 $234 2 $115 $112 3 $200 $190 4 $154 $153 5 $380 $372 6 $190 $169

Explanation / Answer

Table 18.16 gives the median 2009 and 2010 prices for used homes (in thousands o

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