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Market monthly rent for metropolitan areas

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Reference no: EM131960869

The US Department of Housing and Urban Development provides data that show the fair market monthly rent for metropolitan areas. The following data show the fair market monthly rent ($) in 2018 for one-bedroom, two-bedroom, and three-bedroom apartments for five metropolitan areas.

Boston Miami San Diego San Jose Washington

One Bedroom 1077 775 975 1107 1045

Two Bedrooms 1266 929 1183 1313 1187

Three Bedrooms 1513 1204 1725 1889 1537

At the .05 level of significance test whether the mean fair market rent is the same for each metropolitan area and state your conclusion.

Reference no: EM131960869

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