00:01
So our response variable will be the initial price offered by a dealer to a person with that vehicle.
00:08
And that would be a quantitative value.
00:11
We'll be assuming that the mean for white males, black males, white females, and black females, that those initial price offerings, those means are all the same.
00:22
And alternately, they're not all the same.
00:25
Now, to verify these equal variances, i got the same.
00:30
Standard deviation of each of the values.
00:33
And we can see that this one does seem to be smaller.
00:35
Now, the sample sizes are quite small, so particularly for this latter group, the white female, and the values...