(Q5). The data on monthly rents, in dollars, for independent random samples of newly completed apartments in three U.S. regions are presented in the table below. Assume that the population standard deviation of the monthly rents in the three regions are equal and the populations are normally distributed. Northeast 1005 South 891 630 861 West 1025 898 1012 948 1090 1181 926 www (a). Do the data indicate that there is a difference in the monthly rent for the three regions? Discuss the assumptions you have made to carry out your analysis. Use a significance level of 10%. (b). Interpret your conclusion in words relating to the problem.

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(Q5). The data on monthly rents, in dollars, for independent random samples of newly
completed apartments in three U.S. regions are presented in the table below. Assume that the
population standard deviation of the monthly rents in the three regions are equal and the
populations are normally distributed.
Northeast
1005
South
891
630
861
West
1025
898
1012
948
1090
1181
926
www
(a). Do the data indicate that there is a difference in the monthly rent for the three regions?
Discuss the assumptions you have made to carry out your analysis. Use a significance level
of 10%.
(b). Interpret your conclusion in words relating to the problem.
Transcribed Image Text:(Q5). The data on monthly rents, in dollars, for independent random samples of newly completed apartments in three U.S. regions are presented in the table below. Assume that the population standard deviation of the monthly rents in the three regions are equal and the populations are normally distributed. Northeast 1005 South 891 630 861 West 1025 898 1012 948 1090 1181 926 www (a). Do the data indicate that there is a difference in the monthly rent for the three regions? Discuss the assumptions you have made to carry out your analysis. Use a significance level of 10%. (b). Interpret your conclusion in words relating to the problem.
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