The owner of rental houses claims that the average length of occupancy is 3.2 years. A random sample of 35 rental contracts were selected and analysed using SPSS. One-Sample Statistics N Mean Std. Deviation Std. Error Mean Length (years) 35 3.446 1.0551 a) Show that T is 0.1783. b) Construct a 95% confidence interval for the average length of occupancy of properties owned by the owner. c) Based on the confidence interval in b), is the owner's claim true? Give a reason to support your answer

MATLAB: An Introduction with Applications
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The owner of rental houses claims that the average length of occupancy is 3.2 years. A
random sample of 35 rental contracts were selected and analysed using SPSS.
One-Sample Statistics
N Mean
Std. Deviation Std. Error Mean
Length (years)
35
3.446
1.0551
a) Show that T is 0.1783.
b) Construct a 95% confidence interval for the average length of occupancy of properties
owned by the owner.
c) Based on the confidence interval in b), is the owner's claim true? Give a reason to
support your answer.
Transcribed Image Text:The owner of rental houses claims that the average length of occupancy is 3.2 years. A random sample of 35 rental contracts were selected and analysed using SPSS. One-Sample Statistics N Mean Std. Deviation Std. Error Mean Length (years) 35 3.446 1.0551 a) Show that T is 0.1783. b) Construct a 95% confidence interval for the average length of occupancy of properties owned by the owner. c) Based on the confidence interval in b), is the owner's claim true? Give a reason to support your answer.
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