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The owner of rental houses claims that the average length of occupancy is 3.2 years. A random sample of 35 rental contracts were selected and analysed using SPSS. One-Sample Statistics N Mean Std. Deviation Std. Error Mean Length (years) 35 3.446 1.0551 a) Show that T is 0.1783. b) Construct a 95% confidence interval for the average length of occupancy of properties owned by the owner. c) Based on the confidence interval in b), is the owner's claim true? Give a reason to support your answer

The owner of rental houses claims that the average length of occupancy is 3.2 years. A random sample of 35 rental contracts were selected and analysed using SPSS. One-Sample Statistics N Mean Std. Deviation Std. Error Mean Length (years) 35 3.446 1.0551 a) Show that T is 0.1783. b) Construct a 95% confidence interval for the average length of occupancy of properties owned by the owner. c) Based on the confidence interval in b), is the owner's claim true? Give a reason to support your answer

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The owner of rental houses claims that the average length of occupancy is 3.2 years. A random sample of 35 rental contracts were selected and analysed using SPSS. One-Sample Statistics N Mean Std. Deviation Std. Error Mean Length (years) 35 3.446 1.0551 a) Show that T is 0.1783. b) Construct a 95% confidence interval for the average length of occupancy of properties owned by the owner. c) Based on the confidence interval in b), is the owner's claim true? Give a reason to support your answer.
Transcribed Image Text:The owner of rental houses claims that the average length of occupancy is 3.2 years. A random sample of 35 rental contracts were selected and analysed using SPSS. One-Sample Statistics N Mean Std. Deviation Std. Error Mean Length (years) 35 3.446 1.0551 a) Show that T is 0.1783. b) Construct a 95% confidence interval for the average length of occupancy of properties owned by the owner. c) Based on the confidence interval in b), is the owner's claim true? Give a reason to support your answer.
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