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    Null Hypothesis/ One Tailed Test

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    Problem (One tailed test)

    A rental agent claims that the mean monthly rent, mu, for apartments on the east side of town is less than $725. A random sample of 13 monthly rents for apartments on the east side has a mean of $724, with a standard deviation of $15. If we assume that the monthly rents for apartments on the east side are normally distributed, is there enough evidence to conclude, at the 0.1level of significance, that mu is less than $725?

    Question

    --H0 (null hypothesis):
    -H1 (alternative hypothesis):
    -Type of test statistic: (Z, t, F, chi squared)
    -The value of the test statistic (round to at least 3 decimal places):
    -The p-value (round to at least 3 decimal places): ___
    -Using the 0.1 level of significance, can we conclude that the mean monthly rent for apartments on the east side is less than $725? (yes, no)

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    https://brainmass.com/statistics/hypothesis-testing/null-hypothesis-one-tailed-test-141058

    Solution Preview

    Problem (One tailed test)

    A rental agent claims that the mean monthly rent, mu, for apartments on the east side of town is less than $725. A random sample of 13 monthly rents for apartments on the east side has a mean of $724, with a standard deviation of $15. If ...

    Solution Summary

    The solution provides a null hypothesis and one tailed test.

    $2.19

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