Question

A real estate agent suggests that the mean rent for a one-bedroom apartment in Blue View...

  1. A real estate agent suggests that the mean rent for a one-bedroom apartment in Blue View is $575 per month. A random sample shows the dollar amount below. Assume a Normal distribution with a standard deviation of $50. Construct and interpret a 93% confidence interval for the corresponding population mean.

550

475

560

460

535

609

514

531

612

605

550

650

  1. Identify the proper Test or Confidence interval:
  1. Complete the Test or Confidence Interval.

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