Question

In: Statistics and Probability

David wants to rent an unfurnished apartment for next semester. He took a random sample of...

David wants to rent an unfurnished apartment for next semester. He took a random sample of 9 apartments advertised in the local Halifax paper, and recorded the rental rates. The rents (in $ per month) were:

Rental Rates
500 650 600 505 450 550 515 495 640

1)Construct the 90% confidence interval.
(501.6382,588.3618)
(502.2547,587.7453)
(512.4284,577.5716)
(512.7499,577.2501)

Tries 0/1

2) You wish to test the null hypothesis that the true mean monthly rent for an unfurnished apartment is $500. What is the value of the test statistic?
0.028
0.64
1.82
1.93

Tries 0/2

Solutions

Expert Solution

1.

2.

ans-> d) 1.93

orchestra answered 1 year ago
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