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Author Question: A real estate agent surmises that the median rent for a one-bedroom apartment in a beach community ... (Read 159 times)

clmills979

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Question 1

A convenience store owner believes that the median number of lottery tickets sold per day is 79. A random sample of 20 days yields the data below. Test the owner's claim. Use α = .05.

62​78​89​94​61​85​100​57​63​68
77​84​84​74​74​79​79​89​84​68


Question 2

A real estate agent surmises that the median rent for a one-bedroom apartment in a beach community is at least per month. The rents for a random sample of 15 one-bedroom apartments are listed below. Test the agent's claim. Use α = .01.

$2200$2150$1600$1775$1635
$2650$2075$1570$2290$2900
$1895$1900$1975$1900 $1680


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Marked as best answer by clmills979 on Feb 14, 2020

jgranad15

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clmills979

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Reply 2 on: Feb 14, 2020
Great answer, keep it coming :)


amit

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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