Determine if there is a difference in the mean selling price of homes with a pool and homes without a pool.
Refer to the Real Estate data attahced. Determine if there is a difference in the mean selling price of homes with a pool and homes without a pool. Use a statistical software package to determine the mean, standard deviation, and sample size of the homes with a pool and the homes without a pool. (Minitab: Stat – Basic Statistics – Display Descriptive Statistics – Variables = Price, By Variables = Pool, Statistics = mean, std dev, and N total) (SPSS: Analyze – Compare Means – Means – Dependent list = Price, Independent list = Pool, Options – cell stats = mean, #cases, and std deviation)
Explain your conclusion. In addition, describe from a Biblical worldview how a realtor can use this information to serve their clients. Support your views with biblical references.
Based on your review of the descriptive statistics, discuss its relevance in how decisions can be made using this analysis. Include the Biblical concept of stewardship in the discussion.
200 to 300 words
minimum of two academic peer reviewed scholarly articles
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