The Greater Jacksonville, Florida, Real Estate Association claims that the median rental
Chapter 0, Problem 32(choose chapter or problem)
The Greater Jacksonville, Florida, Real Estate Association claims that the median rental for three-bedroom condominiums is more than $1,200 a month. A random sample of 149 units showed 5 rented for exactly $1,200 a month, and 75 rented for more than $1,200. At the .05 level, can we conclude that the median rental is more than $1,200? a. State and . b. Give the decision rule. c. Do the necessary calculations, and arrive at a decision
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