An agent for a real estate company in a suburb has the business objective of developing more accurate estimates of the monthly rental cost for apartments. The agent would like to use the size of an...


An agent for a real estate company in a suburb has the business objective of developing more accurate estimates of the monthly rental cost for apartments. The<br>agent would like to use the size of an apartment, as defined by square footage to predict the monthly rental cost. The agent collects data from a sample of 30<br>one-bedroom apartments.<br>a. Construct a 90% confidence interval estimate of the mean monthly rental for all one-bedroom apartments that are 814 square feet in size.<br>OSHYIX = 814 O<br>(Type integers or decimals. Round to two decimal places as needed. Use ascending order.)<br>

Extracted text: An agent for a real estate company in a suburb has the business objective of developing more accurate estimates of the monthly rental cost for apartments. The agent would like to use the size of an apartment, as defined by square footage to predict the monthly rental cost. The agent collects data from a sample of 30 one-bedroom apartments. a. Construct a 90% confidence interval estimate of the mean monthly rental for all one-bedroom apartments that are 814 square feet in size. OSHYIX = 814 O (Type integers or decimals. Round to two decimal places as needed. Use ascending order.)
1 Apartment Size (sq feet) Rent ($)<br>1103<br>2.<br>1.<br>522<br>618<br>1175<br>3.<br>667<br>1188<br>5.<br>4<br>820<br>1415<br>443<br>1222<br>553<br>1213<br>8.<br>771<br>1476<br>819<br>1494<br>10<br>6.<br>1056<br>1492<br>11<br>10<br>618<br>1672<br>12<br>11<br>841<br>1794<br>13<br>12<br>657<br>1636<br>14<br>13<br>589<br>1454<br>15<br>14<br>673<br>1382<br>16<br>15<br>751<br>1143<br>17<br>16<br>814<br>1133<br>18<br>17<br>897<br>1222<br>19<br>18<br>640<br>1450<br>20<br>19<br>646<br>1519<br>21<br>20<br>827<br>1115<br>22<br>21<br>804<br>1125<br>23<br>22<br>809<br>1246<br>24<br>23<br>939<br>1462<br>25<br>24<br>784<br>1175<br>26<br>25<br>778<br>1238<br>27<br>26<br>961<br>1391<br>28<br>27<br>751<br>1146<br>29<br>28<br>702<br>1090<br>30<br>29<br>827<br>1349<br>31<br>30<br>850<br>1514<br>32<br>2.<br>6.<br>4.<br>

Extracted text: 1 Apartment Size (sq feet) Rent ($) 1103 2. 1. 522 618 1175 3. 667 1188 5. 4 820 1415 443 1222 553 1213 8. 771 1476 819 1494 10 6. 1056 1492 11 10 618 1672 12 11 841 1794 13 12 657 1636 14 13 589 1454 15 14 673 1382 16 15 751 1143 17 16 814 1133 18 17 897 1222 19 18 640 1450 20 19 646 1519 21 20 827 1115 22 21 804 1125 23 22 809 1246 24 23 939 1462 25 24 784 1175 26 25 778 1238 27 26 961 1391 28 27 751 1146 29 28 702 1090 30 29 827 1349 31 30 850 1514 32 2. 6. 4.

Jun 08, 2022
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