You want to rent an unfurnished one-bedroom apartment in

Reference no: EM13615304

You want to rent an unfurnished one-bedroom apartment in Boston next year. The mean monthly rent for a random sample of 11 apartments advertised in the local newspaper is $1200. Assume that the standard deviation is $230. How large a sample of one-bedroom apartments would be needed to estimate the mean? within ±$60with 95% confidence? (Round your answer up to the next whole number.)

Reference no: EM13615304

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