Author Question: The average monthly rent for one-bedroom apartments in Chattanooga has been $700. Because of the ... (Read 180 times)

xsk4r3kr0w · **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

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H₀: μ< 40.1 H_a: μ≥ 40.1

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H₀: μ≥ 40.1 H_a: μ< 40.1

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H₀: μ> 40.1 H_a: μ≤ 40.1

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H₀: μ= 40.1 H_a: 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

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H₀: μ≥ 700 H_a: μ< 700

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H₀: μ = 700 H_a: μ≠ 700

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H₀: μ> 700 H_a: μ≤700

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H₀: μ< 700 H_a: μ≥ 700

Tester · **Reply #1 on:** Mar 25, 2023

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