The City of Houston claims the average rent for a 3 bedroom home is $1038 per month. A recent sample of 400 renters of a 3 bedroom home showed the pay on average $1060. Suppose the population standard deviation of such rents is $160. (0.2 also the significance level)  1. What is your null hypothesis?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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The City of Houston claims the average rent for a 3 bedroom home is $1038 per month. A recent sample of 400 renters of a 3 bedroom home showed the pay on average $1060. Suppose the population standard deviation of such rents is $160. (0.2 also the significance level) 

1. What is your null hypothesis?

2. What is your alternative hypothesis?

3. What is the value of your critical value?

4. What is the value of your test statistic?

5. What is the value of your p-value?

6. Do you accept or reject the null hypothesis?

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