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Compute the median monthly rent for students

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Reference no: EM131749537

Question: Education and Child Development Students at Stetson University plan to ask administrators to build more on-campus housing on the DeLand campus if there is any evidence that the median monthly rent for off-campus housing is more than $350 per person. A random sample of students living off campus will be obtained, and the resulting rent data will be used to test the relevant hypothesis. Let μ¯ be the median monthly rent for students. State the null and alternative hypotheses in terms of the population median μ¯ .

Reference no: EM131749537

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