A rental agent claims that a mean monthly rent , u, for apartments on the east side ...

A rental agent claims that the mean monthly rent, u, for apartments on the east side of town is less than $675. A random sample of 15 monthly rents for apartments on the east side has a mean of $669, with a standard deviation of $16. If we assume that the monthly rents for apartments on the east side are normally distributed, is there enough evidence to conclude, at the 0.05 level of significance, that u is less than $675? Perform a one-tailed test. Then fill In the table below. Carry your intermediate computations to at least three decimal places and round your answers as specified in the table. D The null hypothesis: H :0 O X S The alternative hypothesis: H : The type of test statistic: (Choose one) v 020 00 The value of the test statistic: (Round to at least three decimal places.) 0 X 5 ? The critical value at the 0.05 level of significance: (Round to at least three decimal places.) Using the 0.05 level of significance, can we conclude that the mean monthly rent for apartments on the east side is less than $675? Yes No