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The average monthly rent for one-bedroom apartments in Kamloops has been $800. Because of an upturn in the real estate market, it is believed that
The average monthly rent for one-bedroom apartments in Kamloops has been $800. Because of an upturn in the real estate market, it is believed that there has been an increase in the average rental. The correct hypotheses to be tested are:
Select one:
a.
H0: =800=800 versus Ha: 800800.
b.
H0: 800800 versus Ha: >800>800.
c.
H0: >800>800 versus Ha: 800800.
d.
H0: 800800 versus Ha: <800<800.
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