Hypothesis test for population mean-t-test

Reference no: EM13107174

A rental agent claims that the mean monthly rent, , for apartments on the east side of town is less than $675 . A random sample of 18 monthly rents for apartments on the east side has a mean of $661, with a standard deviation of $24. If we assume that the monthly rents for apartments on the east side are normally distributed, is there enough evidence to conclude, at the .05 level of significance, that is less than $675 ?

Perform a one-tailed test. Then fill in the table below.

Null Hypothesis =

alternative hypothesis =

test statisitc and degree of freedom

value of test statistic

p value

Reference no: EM13107174

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