(a) A developer believes that the standard deviation of the house price is greater than RM230,000. At 5% significance level, is there enough evidence to support the developer's claim

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(a) A developer believes that the standard deviation of the house price is greater than RM230,000. At 5% significance level, is there enough evidence to support the developer's claim? b) Test at 99% confidence level that the variances of the house price is different between State A and State B, and interpret your finding.
The following data shows the house price (RM '0,000) for two samples of state in
Malaysia.
State A
State B
22
25
16
68
11
4
82
12
19
5
81
5
23
14
9
5
44
8
23
31
113
30
19
7
50
11
295 20
12
4
4
15
Transcribed Image Text:The following data shows the house price (RM '0,000) for two samples of state in Malaysia. State A State B 22 25 16 68 11 4 82 12 19 5 81 5 23 14 9 5 44 8 23 31 113 30 19 7 50 11 295 20 12 4 4 15
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