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can someone help? Commercial real estate prices and rental rates suffered substantial declines in the past year (Newsweek, July 2?, 2009). These declines were particularly

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Commercial real estate prices and rental rates suffered substantial declines in the past year (Newsweek, July 2?, 2009). These declines were particularly severe in Asia; annual lease rates in Tokyo, Hong Kong and Singapore declined by 40% or more. Even with such large declines, annual lease rates in Asia were still higher than many cities in Europe and the United States. Annual lease rates for a sample of 30 commercial properties in Hong Kong showed an average of $1,114 per square meter with a standard deviation of $230. Annual lease rates for a sample of 40 commercial properties in Paris showed an average lease rate of $989 per square meter with a standard deviation of $195. a. 0n the basis of the sample results, can we conclude that the mean annual lease rate is higher in Hong Kong than in Paris? - Select your answer v Develop appropriate null and alternative hypotheses. The input in the box below will not be graded, but may be reviewed and considered by your instructor. I). Use a: = .01. What is your conclusion? The input in the box below will not be graded, but may be reviewed and considered by your instructor. Are rental rates higher in Hong Kong? - Select your answer - Y

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