On its website, a property management company claims that the median monthly rent for apartments on the east side of town is$650. A researcher for a consumer advocacy group believes that, due to the construction of new apartment complexes in neighboring cities, the median monthly rent on the East Side,μ, is now lower. A random sample of 13monthly rentals for apartments on the east side average$638, with a standard deviation of $twenty Assume that the current monthly rents for the apartments on the east side follow approximately a normal distribution. Based on the sample, is there enough evidence to conclude, at the level of significance of0.05 that the median monthly rent for the town is now less than what is stated on the website? Perform a one-tailed test. Then complete the parts below. Carry intermediate calculations to three or more decimal places. (If necessary, you can refer to a list of formulas.) (to) (b) (C) Formulate the null hypothesish and the alternative hypothesish. ho: μ = 650 h, μ< 650 Determine which type of test statistic to use. F Z you chi-square statistic. (Round to three or more decimal places.) H X 4 ローロ O S 00 OSO 0*0 OO
On its website, a property management company claims that the median monthly rent for apartments on the east side of town is$650. A researcher for a consumer advocacy group believes that, due to the construction of new apartment complexes in neighboring cities, the median monthly rent on the East Side,μ, is now lower. A random sample of 13monthly rentals for apartments on the east side average$638, with a standard deviation of $twenty Assume that the current monthly rents for the apartments on the east side follow approximately a normal distribution. Based on the sample, is there enough evidence to conclude, at the level of significance of0.05 that the median monthly rent for the town is now less than what is stated on the website? Perform a one-tailed test. Then complete the parts below. Carry intermediate calculations to three or more decimal places. (If necessary, you can refer to a list of formulas.) (to) (b) (C) Formulate the null hypothesish and the alternative hypothesish. ho: μ = 650 h, μ< 650 Determine which type of test statistic to use. F Z you chi-square statistic. (Round to three or more decimal places.) H X 4 ローロ O S 00 OSO 0*0 OO
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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Determine which type of test statistic to use. |
OPTIONS (CHOOSE ONE)
YOU - DEGRESS OF FREEDOM _____
CHI-SQUARE - DEGREES OF FREEDOM _____
F - DEGREES OF FREEDOM: GLN ____ GLD ____
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