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Qnt 521 Week 1 Referential Statistics Paper

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Qnt 521 Week 1 Referential Statistics Paper
Week 5 - Inferential Statistics
QNT/521
10/23/2014

Week 5 - Inferential Statistics
TCSCK Investment Company 's scenario poses the question: Is there a significant difference in price between the condominiums closer to the city compared to those further away from the city? The dependent variable is the price of the condominiums and the independent variable is distance from the city.
Statistical Analytics
The statistical tool used in our sampling is the t-score instead of the Z-score, reason being that looking at the entire population we have an unknown population standard deviation (s) and at the same time we have degree of freedom > 120.therefore the calculations used are in Appendix B
Results
From our data, we have determined the …show more content…
95% Confidence Interval Analysis n= 99
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