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The average monthly rent for one-bedroom apartments in Chattanooga has been $1200. Because of the downturn in the real estate market, it is believed that there has been a decrease in the average rental. The correct hypotheses to be tested are:_______

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Complete Question

The complete question is shown on the first uploaded image

Answer:

The correct option is b

Explanation:

From the question we are told that

The average monthly rent for one-bedroom apartment in Chattanooga has been


\mu = \$ 1200

This mean that the null hypothesis is


H_o : \mu = \$ 1200

Generally given from the question that it is believed that there has been a decrease in the average rental , it then mean that the alternative hypothesis is


H_a : \mu < \$ 1200

The average monthly rent for one-bedroom apartments in Chattanooga has been $1200. Because-example-1
User Jonathan Wakely
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