Recommended
Recommended
More Related Content
More from ssusere73ce3
More from ssusere73ce3 (20)
Recently uploaded
Recently uploaded (20)
Sensitivity general internal sensitivity
- 1. Sensitivity: General/Internal Sensitivity: General/Internal Sensitivity: General/Internal Sensitivity: General/Internal
- 2. Sensitivity: General/Internal Sensitivity: General/Internal Sensitivity: General/Internal New EnglandHouse Listing Price Data by RegionSource:https://www.realtor.com/research/data/Regional sample (n = 1000)StateCountyRegionHouse listing priceCost per square footSquare footageCTlitchfieldNew England$329,050$1531,888MEpenobscotNew England$169,500$1031,586NHmerrimackNew England$299,950$1452,152VTwashingtonNew England$289,950$1411,959MEyorkNew England$391,550$2301,719VTwashingtonNew England$222,500$1351,670NHstraffordNew England$311,471$1661,885MAsuffolkNew England$699,050$6471,259MAnorfolkNew England$642,500$3092,210NHhillsboroughNew
- 3. England$339,950$1642,090RIwashingtonNew England$499,050$2591,871NHbelknapNew England$289,950$1561,869VTrutlandNew England$228,800$1171,993RInewportNew England$579,050$2922,128MAfrankli nNew England$230,050$1331,800MEpenobscotNew England$157,050$941,600VTwashingtonNew England$300,050$1541,896MAberkshireNew England$379,950$1852,032MEkennebecNew England$187,050$1041,695NHcheshireNew England$266,550$1321,981VTfranklinNew England$219,950$1201,750CTnew londonNew England$290,000$1531,848NHmerrimackNew England$314,950$1462,174NHmerrimackNew England$299,950$1402,176NHhillsboroughNew England$358,950$1732,036CTwindhamNew England$204,000$1231,615VTwashingtonNew England$295,050$1471,888CTnew londonNew England$268,500$1591,648CTnew havenNew England$279,950$1581,724MAplymouthNew England$491,550$2442,028MAfranklinNew England$223,800$1351,780NHcheshireNew England$260,500$1311,838CTnew havenNew England$279,050$1531,790MEpenobscotNew England$159,750$1001,588NHgraftonNew England$259,300$1501,840VTwashingtonNew England$299,050$1471,850MEyorkNew England$339,050$2051,772CTnew havenNew England$272,421$1501,763MAsuffolkNew England$764,050$6691,341NHgraftonNew England$253,850$1431,741RInewportNew England$598,050$2922,170MAmiddlesexNew England$655,000$2762,400MAfranklinNew England$299,050$1501,960CTnew londonNew England$274,950$1211,212RIprovidenceNew England$279,050$1851,504MAbarnstableNew
- 4. England$599,950$3181,920CTlitchfieldNew England$398,050$1722,268NHbelknapNew England$295,000$1621,838NHbelknapNew England$269,950$1531,797MAsuffolkNew England$799,050$7081,311RIkentNew England$275,050$1771,524CTnew havenNew England$258,500$1461,410VTwindsorNew England$349,050$1582,120CTlitchfieldNew England$329,950$1501,776NHcheshireNew England$234,550$1231,845NHcheshireNew England$258,864$1261,968NHhillsboroughNew England$341,444$1602,126RIwashingtonNew England$489,950$2531,812CTmiddlesexNew England$342,450$1701,874CTnew londonNew England$294,050$1541,880NHstraffordNew England$284,950$1551,819MAsuffolkNew England$774,500$6701,359MAbristolNew England$385,050$2101,873MAbristolNew England$375,050$2061,880RIkentNew England$319,950$2041,537MAsuffolkNew England$722,500$6451,275MAhampdenNew England$239,950$1451,668MEkennebecNew England$182,050$1081,678MAsuffolkNew England$882,550$7601,385VTchittendenNew England$397,500$1802,162CThartfordNew England$263,707$1421,850VTwashingtonNew England$279,050$1521,752NHstraffordNew England$297,550$1491,852CThartfordNew England$247,750$1351,452MAbristolNew England$399,500$2151,847CTnew londonNew England$317,050$1641,884MAnorfolkNew England$624,950$2842,303RIbristolNew England$499,950$2502,234NHrockinghamNew England$410,050$1902,170NHmerrimackNew England$279,950$1422,016MAhampdenNew England$239,950$1451,664NHmerrimackNew
- 13. England$250,000$1451,706MAplymouthNew England$510,707$2502,107CTnew havenNew England$270,421$1591,597MAmiddlesexNew England$659,050$2852,280NHcheshireNew England$239,050$1231,932MEandroscogginNew England$215,050$1231,706MAfranklinNew England$295,050$1471,935MAmiddlesexNew England$679,500$2952,234MAnorfolkNew England$599,050$2822,208MAhampdenNew England$249,950$1491,757MEyorkNew England$369,950$2271,711MAbarnstableNew England$550,050$3211,813MEkennebecNew England$209,413$1191,800NHstraffordNew England$337,800$1722,013VTwindsorNew England$310,050$1472,001CTnew havenNew England$259,950$1561,568NHbelknapNew England$270,049$1481,803VTwashingtonNew England$279,250$1401,870MAbarnstableNew England$599,950$3201,907MEyorkNew England$345,050$2071,772MAberkshireNew England$349,050$1742,038NHhillsboroughNew England$362,450$1722,147CTlitchfieldNew England$330,050$1111,296VTfranklinNew England$245,050$1321,794MAbristolNew England$387,500$2101,872MAfranklinNew England$275,050$1431,943CTnew londonNew England$278,500$1571,680RIprovidenceNew England$272,550$1831,497MEyorkNew England$384,950$2331,741CTnew londonNew England$287,050$1511,858CTfairfieldNew England$842,050$3002,873NHbelknapNew England$299,950$1691,792RIprovidenceNew England$267,000$1711,578NHrockinghamNew England$439,950$2072,136CTmiddlesexNew England$325,050$1291,260CTnew havenNew England$273,370$1561,527VTwindsorNew
- 20. England$475,000$2382,003VTchittendenNew England$398,300$1932,104NHcheshireNew England$271,150$1322,035MAberkshireNew England$388,886$1922,017CTfairfieldNew England$733,050$2852,604VTwashingtonNew England$298,764$1471,898NHrockinghamNew England$429,950$1972,105VTwashingtonNew England$269,050$1311,800RIbristolNew England$490,479$2622,059MEcumberlandNew England$344,550$1921,828RIwashingtonNew England$547,050$2631,930CTwindhamNew England$249,950$1401,766RIwashingtonNew England$499,950$2591,875NHbelknapNew England$284,500$1531,880MAhampdenNew England$239,950$1481,659MAmiddlesexNew England$627,050$2702,329NHgraftonNew England$224,489$1271,753CThartfordNew England$244,450$1471,632NHbelknapNew England$325,050$1671,900RIwashingtonNew England$499,500$2551,808VTchittendenNew England$399,050$1922,124CTtollandNew England$272,000$1341,996CT… Regional vs. National Housing Price Comparison Report 2 [Note: To complete this template, replace the bracketed text with your own content. Remove this note before you submit your outline.]Report: Regional vs. National Housing Price Comparison [Your Name] Regional vs. National Housing Price Comparison Report 1 Southern New Hampshire University
- 21. Sensitivity: General/Internal Introduction Purpose: [Include in this section a brief overview, the purpose of the report, and your approach. Define your random sample and two hypotheses (means) to analyze.] Sample: [Take a random sample of observations from your region and describe what is included in your sample (i.e., states, region, years or months).] Questions and type of test: [For your selected sample, define two hypothesis questions and the appropriate type of test hypothesis for each. For each hypothesis question, answer questions 3a-c from the Project Two Guidelines and Rubric. This includes questions about the population parameter, your hypothesis, the inference method you will use, and how you will use estimation and confidence intervals to help you solve the problem.] 1-Tail Test Hypothesis: [Define the population parameter. Write null and alternative hypotheses. Note: For means, define a hypothesis that is greater than the population parameter. Specify your significance level.] Data analysis: [Summarize your sample data using appropriate graphical displays and summary statistics.] [Provide at least one histogram of your sample data.] [In a table, provide summary statistics including sample size, mean, median, and standard deviation.] Note: For quartiles 1 and 3, use the quartile function in Excel: =QUARTILE([data range], [quartile number]) [Summarize your sample data, describing the center, spread, and shape in context.] [Note: For shape, think about the distribution: skewed or symmetric.]
- 22. [Check the assumptions by determining if the normal condition has been met. Determine if there are any other conditions that you should check and whether they have been met.] [Note: Think about the central limit theorem and sampling methods.] Hypothesis Test Calculations: [Determine the appropriate test statistic (t).] [Note: This calculation is (mean – target)/standard error. In this case, the mean is your regional mean, and the target is the national mean.] [Calculate the probability (p value).] [Note: This calculation is done with the T.DIST.RT function in Excel: =T.DIST.RT([test statistic], [degree of freedom]). The degree of freedom is calculated by subtracting 1 from your sample size.] Interpretation: [Relate the p value and significance level.] [Make the correct decision (reject or fail to reject).] [Provide a conclusion in the context of your hypothesis.] 2-Tail Test Hypotheses: [Define the population parameter. Write null and alternative hypotheses.] [Note: For means, define a hypothesis that is not equal to the population parameter.] [State your significance level.] Data Analysis: [Summarize your sample data using appropriate graphical displays and summary statistics.] [Provide at least one histogram of your sample data.] [In a table, provide summary statistics including sample size, mean, and standard deviation.] [Note: For quartiles 1 and 3, use the quartile function in Excel: =QUARTILE([data range], [quartile number]) ] [Summarize your sample data, describing the center, spread, and
- 23. shape in comparison to the national information.] [Note: For shape, think about the distribution: skewed or symmetric.] [Check the assumptions by determining if the normal condition has been met. Determine if there are any other conditions that you should check and whether they have been met.] Note: Think about the central limit theorem and sampling methods. Hypothesis Test Calculations: [Determine the appropriate test statistic (t).] [Note: This calculation is (mean – target)/standard error. In this case, the mean is your regional mean, and the target is the national mean.] [Calculate the probability (p value).] [Note: This calculation is done with the TDIST.2T function in Excel: =T.DIST.RT([test statistic], [degree of freedom]). The degree of freedom is calculated by subtracting 1 from your sample size.] Interpretation: [Relate the p value and significance level.] [Make the correct decision (reject or fail to reject).] [Provide a conclusion in context to your hypothesis.] Comparison of the Test Results: [Calculate the 95% confidence interval and show or describe the method of calculation.] [Interpret the confidence 95% confidence interval in context.] Final Conclusions [Summarize Your Findings: Refer back to Step 1 and summarize your findings of the sample you selected.] [Discuss: Discuss if you were surprised by the findings including why or why not.]