Part 4 of 5 (d) Would it be unusual if the sample mean were greater than $2742? Round answer to at least four decimal places. (Choose one) ▼ because the probability that the sample mean is greater than $2742 is Part 5 of 5 (e) Do you think it would be unusual for an individual to have a rent greater than $2742? Explain. Assume the variable is normally distributed. Round the answer to at least four decimal places. (Choose one) ▼ because the probability that an apartment has a rent greater than $2742 Yes No

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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High-rent district: The mean monthly rent for a one-bedroom apartment without a doorman in Manhattan is $2681. Assume the standard deviation is $510. A real estate firm samples 112 apartments. Use the TI-84 Plus calculator. Answer the two following questions.
Part 4 of 5
(d) Would it be unusual if the sample mean were greater than $2742? Round answer to at least four decimal places.
(Choose one) ▼
because the probability that the sample mean is greater than $2742 is
Yes
No
Part 5 of 5
(e) Do you think it would be unusual for an individual to have a rent greater than $2742? Explain. Assume the variable is
normally distributed. Round the answer to at least four decimal places.
(Choose one) ▼
because the probability that an apartment has a rent greater than $2742
is
Transcribed Image Text:Part 4 of 5 (d) Would it be unusual if the sample mean were greater than $2742? Round answer to at least four decimal places. (Choose one) ▼ because the probability that the sample mean is greater than $2742 is Yes No Part 5 of 5 (e) Do you think it would be unusual for an individual to have a rent greater than $2742? Explain. Assume the variable is normally distributed. Round the answer to at least four decimal places. (Choose one) ▼ because the probability that an apartment has a rent greater than $2742 is
Part 4 of 5
(d) Would it be unusual if the sample mean were greater than $2742? Round answer to at least four decimal places.
(Choose one) ▼
because the probability that the sample mean is greater than $2742 is
Part 5 of 5
(e) Do you think it would be unusual for an individual to have a rent greater than $2742? Explain. Assume the variable is
normally distributed. Round the answer to at least four decimal places.
(Choose one) ▼
because the probability that an apartment has a rent greater than $2742
Yes
No
Transcribed Image Text:Part 4 of 5 (d) Would it be unusual if the sample mean were greater than $2742? Round answer to at least four decimal places. (Choose one) ▼ because the probability that the sample mean is greater than $2742 is Part 5 of 5 (e) Do you think it would be unusual for an individual to have a rent greater than $2742? Explain. Assume the variable is normally distributed. Round the answer to at least four decimal places. (Choose one) ▼ because the probability that an apartment has a rent greater than $2742 Yes No
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