Hypothesis-Testing-Recession-Housing-Prices

Hypothesis Testing: Were Housing Prices of University Towns less affected by the recession?

Recession is a business cycle contraction when there is a general decline in economic activity. A recession occurs when there is a widespread drop in spending which may be due to various events like financial crisis, an external trade shock or bursting of an economic bubble. During a recession, we find a steady decline in GDP, income, employment, sales, and industrial production. The recession hit the United States in December 2007 and lasted for about 18 months (June 2009)

Null Hypothesis: Mean Housing prices of the university towns were equally affected(not less) by the recession.

Medium:https://towardsdatascience.com/hypothesis-testing-were-housing-prices-of-university-towns-less-affected-by-the-recession-3e582d2dde4a