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A rental agent claims that the mean monthly rent, u, for apartments on the east side of town is less than $675. A random sampanswer neatly and correctly please!

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Answer #1

The statistic software output for this problem is:

One sample T summary hypothesis test: : Mean of population Ho : u = 675 HA: < 675 Hypothesis test results: Mean Sample Mean S

Null : H0 : μ = 675

Alternative : HA : μ < 675

Test statistics = -1.155

Critical value = -1.796

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