Mathematics, 18.10.2019 06:10, londonpaige

# Your local newspaper contains a large number of advertisements for unfurnished one-bedroom apartments in a particular neighborhood. you choose 36 at random and calculate that their mean monthly rent is $530 with a standard deviation of $78. you want to find out if the sample data gives a good reason to believe that the average rent for all advertised one-bedroom apartments is less than $550 per month. conduct the following hypothesis test at 0.01 level of significance.

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Your local newspaper contains a large number of advertisements for unfurnished one-bedroom apartment...

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