Seasonal rentals According to a recent study conducted by the Paris city hall, 7% of apartments in
Question:
Seasonal rentals According to a recent study conducted by the Paris city hall, 7% of apartments in the first four districts are rented on a seasonal basis. The mayor of the 10th district wonders if the rate in the district is different from this. He randomly selects 800 apartments in his district and finds that 32 of them are used for seasonal rentals.
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a) State the hypotheses.
b) Name the model, and check appropriate conditions for a hypothesis test.
c) Draw and label a sketch, and then calculate the test statistic and P-value.
d) State your conclusion.
SECTION 18.4
Step by Step Answer:
Stats Data And Models
ISBN: 9781292362212
5th Global Edition
Authors: Richard De Veaux, Paul Velleman, David Bock