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I Question 1 Not yet answered Marked out of 1.00 F Flag question Question 2 Not yet answered Marked out of 2.00 F Flag question Question 3 Not yet answered Marked out of 1.00 l? Flag question You randomly select 36 one-bedroom apartments in Langley that are advertised for rent on Craigslist. From your sample, you obtain a mean monthly rent of $1,235 and a standard deviation of $1 50. Note: The aforementioned information is appiicabie to the rest of the questions. Give the point estimate of the true mean monthly rent for a onebedroom apartment in langley. Answer: At the 95% confidence level, what is the margin of error on your estimate of the true mean monthly rent for a onebedroom apartment in Langley? Leave your answer in 2 decimai pieces. Answer: Construct a 95% confidence interval estimate for the true mean monthly rent for a one bedroom apartment. Enter the answer for the lower bound here. Leave your answer in 2 decimai piaces. Answer: Question 4 Not yet answered Marked out of 1.00 F Flag question Question 5 Not yet answered Marked out of 1.00 1" Flag question Question 6 Not yet answered Marked out of 3.00 1" Flag question Construct a 95% confidence interval estimate for the true mean monthly rent for a one bedroom apartment. Enter the answer for the upper bound here. Leave your answer in 2 decimal places. Answer. A friend claims the average monthly rent for a onebedroom apartment available for rent in TWU is at least $1,300. Based on your confidence interval do you agree? 0 a. No, it is less than the lower bound of the condence interval 0 b. Yes, as it is within the condence interval 0 c. No, it is more than the upper bound of the confidence interval 0 d. Yes, it is less the the upper bound of the confidence interval You think TWU students would be interested in your findings and want to report the result in the Mar's Hill Newspaper. You want 98% sure your estimate of the average rent for a onebedroom apartment is within $40 of the true mean. How many samples would you need to collect? Assume the sample standard deviation of $150 is a reasonably close estimate of the population standard deviation. leave your answer in the whole number. Answer. Question 7 To estimate how much a TWU student spends on groceries per month, your friend randomly Not yet selected 50 TWU students. Your friend is 90% confident that the true mean amount spent on answered groceries per month is between $136 and $164. What is the margin of error of the true mean Marked out of amount spent on groceries per month? 1.00 Flag
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