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A real estate agent suggests that the median rent for one- bedroom apartment in a community is $325 per week. A sample of 12 one-bedroom homes shows the following weekly rents. At a =0.05, is there enough evidence to reject the agent's claim? $420 $460 $514 $405 $320 $435 $350 $531 $450 $560 $309 $325 A. Determine the test statistic. B. Determine the critical value. C. The decision is to: O Reject Ho ● Fail to reject HO

A real estate agent suggests that the median rent for one- bedroom apartment in a community is $325 per week. A sample of 12 one-bedroom homes shows the following weekly rents. At a =0.05, is there enough evidence to reject the agent's claim? $420 $460 $514 $405 $320 $435 $350 $531 $450 $560 $309 $325 A. Determine the test statistic. B. Determine the critical value. C. The decision is to: O Reject Ho ● Fail to reject HO

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A real estate agent suggests that the median rent for one- bedroom apartment in a community is $325 per week. A sample of 12 one-bedroom homes shows the following weekly rents. At a =0.05, is there enough evidence to reject the agent's claim? $420 $460 $514 $405 $320 $435 $350 $531 $450 $560 $309 $325 A. Determine the test statistic. B. Determine the critical value. C. The decision is to: Reject Ho Fail to reject HO
Transcribed Image Text:A real estate agent suggests that the median rent for one- bedroom apartment in a community is $325 per week. A sample of 12 one-bedroom homes shows the following weekly rents. At a =0.05, is there enough evidence to reject the agent's claim? $420 $460 $514 $405 $320 $435 $350 $531 $450 $560 $309 $325 A. Determine the test statistic. B. Determine the critical value. C. The decision is to: Reject Ho Fail to reject HO
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