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A rental agent claims that the mean monthly rent, H. for apartments on the east side of town is less than $650. A random
A rental agent claims that the mean monthly rent, H. for apartments on the east side of town is less than $650. A random sample of 17 monthly rents for apartments on the east side has a mean of $648, with a standard deviation of $22. If we assume that the monthly rents for apartments on the east side are normally distributed, is there enough evidence to conclude, at the 0.10 level of significance, that u is less than $6507 Perform a one-tailed test. Then complete the parts below. Carry your intermediate computations to three or more decimal places and round your answers as specified in the table. (If necessary, consult a list of formulas)
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