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According to the Florida bureau of economic research, the mean rent price for condo in Florida is $ 700, We want to test this hypothesis:_______ a) A random sample of 50 condos rented was taken. b) The
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According to the Florida bureau of economic research, the mean rent price for condo in Florida is $ 700, We want to test this hypothesis:_______

a) A random sample of 50 condos rented was taken.
b) The mean was $ 800.
c) The assumption here is that the standard deviation of the population is known and is $ 400.
d) Alpha

User Gerd Castan
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1 Answer

1 vote

Answer:

The answer is a.

Step-by-step explanation:

I can safely say that in order to have an exact value of an average of $ 700, it is because an initial survey had to be made of people in 50 condominiums that allowed finding several sample means and finally finding the total sample mean, this data allows determining an exact average of reliable values ​​supplied by respondents in the sample.

User SkyNT
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