775 1065 896 930 1052 846 949 797 1041 962 1028 910 1067 982 879 1097 1071 1056 1021 928 1045 974 1112 975 887 1069 1040 927 867 864 983 987 906 1030 934 662 1004 901 1123 1033 1028 934 1148 1027 978 1139 1078 1088 948 912 942 860 822 911 938 1000 944 980 915 899 852 989 978 991 996 878 833 865 1069 779 960 907 1009 1118 903 957 1014 885 947 1006 1036 824 866 860 986 972 916 991 851 1050 980 983 977 864 903 940 995 842 1122 1036 The above table represents the average rent for 100 randomly selected U.S. cities. According to www.apartments.com, the average rent for a two-bedroom apartment in the city of Napa is $1,967. How do other U.S. cities’ rents compare to Napa? Are they about the same, on average, or are rents significantly lower elsewhere? 1) Set up the hypotheses (null and alternative) to test whether the mean rent in other U.S. cities is significant lower than it is in Napa. You can state them in words if you want, but they must contain the parameter of interest.

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The above table represents the average rent for 100 randomly selected U.S. cities. According to www.apartments.com, the average rent for a two-bedroom apartment in the city of Napa is $1,967. How do other U.S. cities’ rents compare to Napa? Are they about the same, on average, or are rents significantly lower elsewhere?

1) Set up the hypotheses (null and alternative) to test whether the mean rent in other U.S. cities is significant lower than it is in Napa. You can state them in words if you want, but they must contain the parameter of interest.

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