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A group of reputable housing firms in Ghana claim that the mean price of residential homes before the change of government does not exceeds the mean price after the new government in Ghana came to power. Tonaton.com in Ghana wishing to determine the authenticity of the claim, selected sample of residential properties to appraise their prices before and after the change of government. The results, reported in GHc000, are: Before After 128 135 105 110 119 131 140 142 98 105 123 130 127 131 115 110 122 125 145 149 At the 0.01 significance level: a) Make your decision using the critical value approach. b) What is the p-value? Decide with it c) Mention one assumption that needs to be made about the distribution of the differences? d) Is the change of government associated with the higher prices of residential homes? Justify practically.
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