Question
The median rental for a three bedroom bungalow is 2400 per week. A random sample or...
The median rental for a three bedroom bungalow is 2400 per
week. A random sample or 300 units showed 10 for exactly 2400 per
week and 170 rented for more than 2400. Can we conclude that the
median rental is more than 2400 (at a 0.05 level)
a. State Ho and H1
b. Give a decision rule
c. Arrive at a decision
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Answer #1
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