Information about statistics-hypothesis testing

Reference no: EM13110752

1. The average monthly cot for a studio apartment in NYC is reported to be $1,000. You want to prove that average monthly rent is not what is stated. You collect a random sample of 25 rents in all areas and find that the sample mean is $961 and the sample standard deviation is $110. Can you disprove the claim at the  = .05 level if normality is assumed?

Reference no: EM13110752

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