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Mathematics, 30.06.2020 01:01 evapoliziani

The average monthly rent for a one bedroom apartment in NYC was $2,800 in 2013. A random sample of 16 apartments in NYC showed that the average rent is $2,850 with standard deviation of $50. Assume normal distribution. Test the claim that the average rent has increased at alpha.

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The average monthly rent for a one bedroom apartment in NYC was $2,800 in 2013. A random sample of 1...

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