Eleen wants to rent an unfurnished one-bedroom apartment in Brooklyn, NY next year. The mean monthly rent for a random sample of 60 apartments advertised on Trulia website is $1400. Assume a population standard deviation of $200. a. Construct a 99% confidence interval. b. To what population of apartments can you appropriately infer from your sample in question C. a? How large a sample of one-bedroom apartments above would be needed to estimate the population mean within plus or minus $50 with 80% confidence?
Eleen wants to rent an unfurnished one-bedroom apartment in Brooklyn, NY next year. The mean monthly rent for a random sample of 60 apartments advertised on Trulia website is $1400. Assume a population standard deviation of $200. a. Construct a 99% confidence interval. b. To what population of apartments can you appropriately infer from your sample in question C. a? How large a sample of one-bedroom apartments above would be needed to estimate the population mean within plus or minus $50 with 80% confidence?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 1GP
Question
![Eleen wants to rent an unfurnished one-bedroom apartment in Brooklyn, NY next year. The mean
monthly rent for a random sample of 60 apartments advertised on Trulia website is $1400. Assume a
population standard deviation of $200.
a.
Construct a 99% confidence interval.
b. To what population of apartments can you appropriately infer from your sample in question
C.
a?
How large a sample of one-bedroom apartments above would be needed to estimate the
population mean within plus or minus $50 with 80% confidence?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4dc4e677-4da4-4b74-b6dc-2448ffced4fa%2F6bb95dd9-642e-47f4-9f9d-8e5395cbb625%2F0nw7ddg_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Eleen wants to rent an unfurnished one-bedroom apartment in Brooklyn, NY next year. The mean
monthly rent for a random sample of 60 apartments advertised on Trulia website is $1400. Assume a
population standard deviation of $200.
a.
Construct a 99% confidence interval.
b. To what population of apartments can you appropriately infer from your sample in question
C.
a?
How large a sample of one-bedroom apartments above would be needed to estimate the
population mean within plus or minus $50 with 80% confidence?
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