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1. Many real estate companies and rental agencies now publish their listings on the Web. One example is the Dunes Realty Company, located in Garden City Beach, South Carolina. Go to their website, http://www.dunes.com, select Cottage Search, then indicate 5 bedroom, accommodations for 14 people, second row (this means it is across the street from the beach), no pool or floating dock, select a period in July and August, indicate that you are willing to spend $5,000 per week, and then click on Search the Cottages. The output should include details on the cottages that met your criteria. At the .05 significance level, is there a difference in the mean rental prices for the different number of bedrooms? (You may want to combine some of the larger homes, such as 8 or more bedrooms.) Which pairs of means differ?


2. The percentages of quarterly changes in the gross domestic product for 20 countries are available at the following site: http://www.oecd.org/std/qnagdp/qnagdp.htm. Copy the data for Germany, Japan, and the United States into three columns in MINITAB or Excel. Perform an ANOVA to see whether there is a difference in the means. What can you conclude?








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