The housing department in a large city monitors the rent for rent-controlled apartments in the city. The mayor wants an estimate of the average rent. The housing department must deter- mine the number of apartments to include in a survey in order to be able to estimate the average rent to within $100 using a 95% confidence interval. From past surveys, the monthly charge for rent-controlled apartments ranged from $1,000 to $3,500. How many renters must be included in the survey to meet the requirements?

The housing department in a large city monitors the rent for rent-controlled apartments in the city. The mayor wants an estimate of the average rent. The housing department must deter- mine the number of apartments to include in a survey in order to be able to estimate the average rent to within $100 using a 95% confidence interval. From past surveys, the monthly charge for rent-controlled apartments ranged from $1,000 to $3,500. How many renters must be included in the survey to meet the requirements?

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Description: The housing department in a large city monitors the rent for rent-controlled apartments in the city. The mayor wants an estimate of the average rent. The housing department must deter- mine the number of apartments to include in a survey in order to

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.6: Summarizing Categorical Data

Problem 30PPS

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