Cushman and Wakefield reported that the average annual rent for office space in Tampa was $17.63 per square foot. A real estate agent selected a random sample of 15 rental properties and found the mean rent was $18.72 per square foot, and the sample standard deviation was $3.64. At a level of significance of 0.01, test the claim that the average annual rent is more than $17.63.(T-Test) Is the claim support by this Hypothesis test? A) There is no claim B) The average has changed C) The claim that the average is greater than $17.63 per square foot not supported by the test D) The claim is supported by this test
Cushman and Wakefield reported that the average annual rent for office space in Tampa was $17.63 per square foot. A real estate agent selected a random sample of 15 rental properties and found the mean rent was $18.72 per square foot, and the sample standard deviation was $3.64. At a level of significance of 0.01, test the claim that the average annual rent is more than $17.63.(T-Test) Is the claim support by this Hypothesis test? A) There is no claim B) The average has changed C) The claim that the average is greater than $17.63 per square foot not supported by the test D) The claim is supported by this test
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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Cushman and Wakefield reported that the average annual rent for office space in Tampa was $17.63 per square foot. A real estate agent selected a random sample of 15 rental properties and found the mean rent was $18.72 per square foot, and the sample standard deviation was $3.64. At a level of significance of 0.01, test the claim that the average annual rent is more than $17.63.(T-Test)
Is the claim support by this Hypothesis test?
A) There is no claim
B) The average has changed
C) The claim that the average is greater than $17.63 per square foot not supported by the test
D) The claim is supported by this test
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