The essay geekThe following table gives the appreciation (expressed as a percentage increase) for each of the twenty-two houses. Appreciati

an economist has found eleven recently sold homes in Sun Beach and eleven recently sold homes in North Arden that were owned for exactly three years. The following table gives the appreciation (expressed as a percentage increase) for each of the twenty-two houses.Appreciation rates in percentSun Beach8.7  10.5  12.3  11.0  10.9  10.2  10.7  10.3  9.2  10.2  12.5North Arden13.1  10.2  10.8  8.4  10.4  6.9  14.9  7.5  6.8  8.8  9.2Assume that the two populations of appreciation rates are normally distributed and that the population variances are equal. Can we conclude at the 0.05 level of significance that houses in Sun Beach have higher appreciation over the past three years than houses in North Arden?Perform a one-tailed test. Then fill in the table below. May 07 2021