A real estate agent surmises that the median rent for a one - bedroom apartment in abeach community in southern California is at least $1500 per month. The rents for arandom sample of 15 one bedroom apartments are listed below. Find the test statistic xto test the agent's claim. $1800 $1750 $1200 $1375 $1235 $2250 $1675 $1170 $1890 $2500 $1495 $1500 $1575 $1500 $1280 A) 6 B) 1 C) 7 D) 13

Given,Median rent for one - bedroom apartment in a beach community in southern California is at…

Answered: A real estate agent surmises that the…

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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Listed to the right are the selling prices (in thousands of dollars) for a sample of 19 lakeside lots in Pinnacle Peak, a vacation home community in the Blue Ridge mountains. 86 61 148 81 39 142 140 65 28 85 90 92 25 50 85 85 82 120 137 Determine the following: a. the first quartile b. the third quartile c. the median
2. Given the following observations from a sample, calculate the mean, the median, and the mode. 4 0 -6 1 -3 -4
A sample of 25 freshmen at a major university completed a survey that measured their degree of racial prejudice (the higher the score, the greater the prejudice) Compute the median and mean for these data? 10 43 30 30 45 40 12 40 42 35 45 25 10 33 50 42 32 38 11 47 22 26 37 38 10
The home run percentage is the number of home runs per 100 times at bat. A random sample of 43 professional baseball players gave the following data for home run percentages.
Foxbees magazine published data on the best small firms in 2012. These publicly traded firms have a stock price of at least $5 per share and have reported annual revenue between $5 million and $1 billion. The data below shows the ages of the corporate CEOS for a random sample of these firms. 49 67 59 48 45 49 39 44 37 38 48 38 43 48 62 74 70 58 58 40 74 35 36 54 38 45 54 55 64 75 69 36 55 72 69 60 40 64 39 59 74 52 40 49 38 38 74 50 55 50 R vector Copy to clipboard a) What is the mean of the sample? (Round to 4 decimal places) b) What is the standard deviation of the sample mean or the standard error? (Round to 4 decimal places) c) What is the sample size? (Round to whole number)
Given the following data set that presents 30 test scores on an exam, find the position of median. State your result/answer as a value with exactly one digit after the decimal 49.5, 48, 51, 50, 53.2, 52, 55, 54, 57, 56, 59, 58, 61, 60, 63, 62, 65.4, 64, 67.5, 66, 69, 68, 71, 70, 73, 72, 75.2, 74, 92, 88
The data below shows the SAT scores of 30 students at Martin Luther King High School in Florida. 1561 1554 1536 1531 1523 1518 1515 1511 1506 1500 1499 1493 1490 1489 1485 1482 1482 1479 1477 1466 1453 1448 1439 1432 1423 1421 1413 1407 1394 1388 a. Test the hypothesis that mean is less than 1500. Use the 1% level of significance. b. Would your conlcusion change at the 10% level of significance? Show all steps
Bank of America’s Consumer Spending Survey collected data on annual credit card charges in seven different categories of expenditures: transportation, groceries, dining out, household expenses, home furnishings, apparel, and entertainment. Using data from a sample of 42 credit card accounts, assume that each account was used to identify the annual credit card charges for groceries (population 1) and the annual credit card charges for dining out (population 2). Using the difference data, the sample mean difference was d= $850, and the sample standard deviation was sd= $1123.a. Formulate the null and alternative hypotheses to test for no difference between the population mean credit card charges for groceries and the population mean credit card charges for dining out.b. Use a .05 level of significance. Can you conclude that the population means dif-fer? What is the p-value?c. Which category, groceries or dining out, has a higher population mean annual credit card charge? What is the…
The following are (fictional) McDonald's service times (in seconds) for a random sample of drive-thru customers. 98 117 45 103 75 65 129 93 109 84 56 118 Calculate the median

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