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Author Question: The average monthly rent for one-bedroom apartments in Chattanooga has been $700. Because of the ... (Read 83 times)

xsk4r3kr0w

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on: Mar 25, 2023

Question 1

The average manufacturing work week in metropolitan Chattanooga was 40.1 hours last year.  It is believed that the recession has led to a reduction in the average work week.  To test the validity of this belief, the hypotheses are


◦

H0:  μ< 40.1 Ha:  μ≥  40.1


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H0:  μ≥ 40.1 Ha:  μ<  40.1


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H0:  μ> 40.1 Ha:  μ≤ 40.1


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H0:  μ= 40.1 Ha:  μ≠  40.1



Question 2

The average monthly rent for one-bedroom apartments in Chattanooga has been $700.  Because of the downturn in the real estate market, it is believed that there has been a decrease in the average rental.  The correct hypotheses to be tested are


◦

H0:  μ≥ 700 Ha:  μ< 700


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H0:  μ = 700 Ha:   μ≠ 700


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H0:  μ> 700 Ha:  μ≤700


◦

H0:  μ< 700 Ha:  μ≥ 700

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
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Marked as best answer by xsk4r3kr0w on Mar 25, 2023

Tester

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Reply #1 on: Mar 25, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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xsk4r3kr0w

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Reply 2 on: Mar 25, 2023
Thanks for the timely response, appreciate it

olderstudent

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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