Discuss the below:
Q: Consider the file data on Taxes that is included in worksheet P2 on the exam template. This data represents property taxes paid by 170 residents that live in a small town. Assume this file to be the entire population. Answer the following questions:
a. A local politician in this town has stated that the average property taxes are $1800 and most people do not pay more than this amount. Conduct a test at the ? = .01 level to determine if this is true. For this test, consider a sample size of 30 households. Also, you want to have strong evidence to disclaim his hypothesis.
b. Find the probability of a Type two error when U = 2200
c. Conduct the same test as in part a, however, use sampling data by taking the fist 50 data points in the population
d. Conduct a test at the alpha = .05 level to determine if there is a difference between taxes paid in neighborhood 1 and in neighborhood 4. Use all the data points from both neighborhoods and consider this to be sample data.
e. From part d, what is the 95% confidence interval for the difference between means
Annual Real Estate Taxes Paid by Homeowners in a small town (Population Data) |
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Homeowner |
Neighborhood |
Tax_Paid |
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1 |
3 |
$1,138.92 |
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2 |
2 |
$2,268.88 |
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3 |
3 |
$1,712.93 |
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4 |
3 |
$1,716.31 |
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5 |
3 |
$1,599.98 |
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6 |
4 |
$1,941.38 |
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7 |
6 |
$980.24 |
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8 |
5 |
$2,268.14 |
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9 |
6 |
$1,868.73 |
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10 |
1 |
$1,618.15 |
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11 |
4 |
$1,705.31 |
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12 |
1 |
$1,908.44 |
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13 |
3 |
$1,145.30 |
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14 |
2 |
$2,419.79 |
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15 |
6 |
$1,632.89 |
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16 |
6 |
$1,883.85 |
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17 |
4 |
$1,800.83 |
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18 |
6 |
$1,985.80 |
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19 |
4 |
$1,929.04 |
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20 |
4 |
$1,616.92 |
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21 |
2 |
$1,925.38 |
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22 |
2 |
$2,652.80 |
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23 |
1 |
$2,319.15 |
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24 |
6 |
$1,393.23 |
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25 |
1 |
$2,616.94 |
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26 |
3 |
$1,681.42 |
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27 |
6 |
$952.51 |
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28 |
1 |
$1,636.48 |
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29 |
2 |
$2,648.90 |
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30 |
1 |
$2,441.58 |
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31 |
3 |
$2,078.22 |
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32 |
6 |
$1,298.17 |
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33 |
2 |
$2,868.10 |
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34 |
4 |
$2,084.50 |
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35 |
6 |
$1,653.76 |
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36 |
5 |
$3,288.01 |
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37 |
1 |
$1,848.47 |
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38 |
3 |
$1,662.51 |
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39 |
3 |
$1,449.33 |
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40 |
3 |
$1,447.77 |
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41 |
2 |
$2,414.60 |
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42 |
3 |
$1,309.24 |
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43 |
3 |
$1,519.18 |
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44 |
1 |
$2,047.69 |
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45 |
3 |
$1,686.12 |
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46 |
4 |
$1,755.92 |
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47 |
6 |
$1,781.70 |
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48 |
6 |
$1,353.92 |
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49 |
1 |
$1,818.35 |
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50 |
1 |
$1,904.13 |
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51 |
2 |
$2,816.79 |
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52 |
3 |
$1,838.13 |
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53 |
2 |
$2,866.46 |
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54 |
1 |
$2,117.40 |
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55 |
4 |
$1,960.53 |
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56 |
5 |
$2,322.78 |
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57 |
6 |
$1,366.77 |
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58 |
4 |
$1,653.42 |
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59 |
4 |
$1,667.42 |
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60 |
3 |
$1,567.33 |
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61 |
4 |
$1,544.65 |
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62 |
5 |
$2,922.20 |
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63 |
6 |
$1,574.00 |
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64 |
3 |
$1,541.02 |
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65 |
4 |
$1,528.53 |
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66 |
6 |
$1,177.54 |
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67 |
6 |
$1,723.23 |
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68 |
6 |
$1,705.59 |
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69 |
6 |
$1,468.23 |
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70 |
6 |
$1,081.04 |
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71 |
1 |
$2,136.10 |
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72 |
6 |
$1,671.80 |
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73 |
6 |
$867.18 |
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74 |
1 |
$2,296.04 |
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75 |
6 |
$1,398.27 |
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76 |
3 |
$985.60 |
|
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77 |
5 |
$3,168.90 |
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78 |
6 |
$1,067.69 |
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79 |
6 |
$1,230.40 |
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80 |
5 |
$3,775.00 |
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81 |
6 |
$2,025.42 |
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82 |
6 |
$1,279.13 |
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83 |
3 |
$1,459.57 |
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84 |
6 |
$1,456.21 |
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85 |
1 |
$1,900.65 |
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86 |
6 |
$1,367.51 |
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87 |
6 |
$1,554.98 |
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88 |
3 |
$1,536.49 |
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89 |
2 |
$2,428.34 |
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90 |
6 |
$1,825.01 |
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91 |
1 |
$1,596.91 |
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92 |
4 |
$1,951.69 |
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93 |
4 |
$1,694.57 |
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94 |
4 |
$1,970.08 |
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95 |
1 |
$2,265.39 |
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96 |
3 |
$863.23 |
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97 |
6 |
$1,229.90 |
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98 |
3 |
$1,515.65 |
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99 |
2 |
$2,332.28 |
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100 |
5 |
$3,045.21 |
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101 |
6 |
$1,190.32 |
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102 |
3 |
$1,410.75 |
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103 |
3 |
$1,813.82 |
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104 |
2 |
$2,243.49 |
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105 |
6 |
$1,280.51 |
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106 |
6 |
$1,458.34 |
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107 |
5 |
$3,121.92 |
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108 |
2 |
$2,297.38 |
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109 |
3 |
$1,538.36 |
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110 |
6 |
$1,566.28 |
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111 |
6 |
$1,609.09 |
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112 |
3 |
$1,513.09 |
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113 |
4 |
$1,673.89 |
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114 |
4 |
$1,749.77 |
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115 |
3 |
$1,553.90 |
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116 |
5 |
$3,175.09 |
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117 |
2 |
$2,514.27 |
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118 |
3 |
$1,251.61 |
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119 |
6 |
$1,690.06 |
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120 |
3 |
$1,181.98 |
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121 |
3 |
$1,175.79 |
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122 |
6 |
$1,632.60 |
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123 |
3 |
$1,563.36 |
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124 |
3 |
$2,006.47 |
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125 |
5 |
$3,000.34 |
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126 |
3 |
$1,775.11 |
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127 |
3 |
$1,510.54 |
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128 |
5 |
$3,189.34 |
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129 |
2 |
$2,396.58 |
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130 |
3 |
$1,495.29 |
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131 |
2 |
$2,350.90 |
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132 |
4 |
$1,763.61 |
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133 |
6 |
$1,094.63 |
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134 |
2 |
$2,279.87 |
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135 |
3 |
$1,705.94 |
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|
136 |
4 |
$1,773.60 |
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137 |
4 |
$1,830.08 |
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138 |
5 |
$2,556.52 |
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139 |
4 |
$1,758.91 |
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140 |
3 |
$1,687.77 |
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141 |
5 |
$3,056.78 |
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|
142 |
3 |
$1,423.09 |
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|
143 |
6 |
$2,006.56 |
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144 |
3 |
$1,129.66 |
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145 |
4 |
$1,808.78 |
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146 |
5 |
$3,177.85 |
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147 |
2 |
$2,628.84 |
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148 |
6 |
$1,592.98 |
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149 |
2 |
$2,309.48 |
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150 |
6 |
$1,341.05 |
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151 |
6 |
$1,313.94 |
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152 |
6 |
$1,382.76 |
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153 |
6 |
$1,786.41 |
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154 |
6 |
$1,533.79 |
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155 |
5 |
$2,963.82 |
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156 |
1 |
$1,562.61 |
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157 |
2 |
$2,420.67 |
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158 |
6 |
$1,752.22 |
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159 |
2 |
$2,437.49 |
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160 |
6 |
$1,670.68 |
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161 |
1 |
$1,730.73 |
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162 |
1 |
$2,205.32 |
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163 |
6 |
$937.85 |
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164 |
3 |
$1,348.12 |
|
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|
165 |
4 |
$1,762.19 |
|
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166 |
3 |
$1,944.03 |
|
|
|
|
|
|
167 |
4 |
$1,759.98 |
|
|
|
|
|
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168 |
6 |
$1,014.34 |
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169 |
2 |
$2,670.30 |
|
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170 |
6 |
$969.61 |
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