A Real Estate Agent Surmises That the Median Rent for a One-Bedroom

question 54

Essay

A real estate agent surmises that the median rent for a one-bedroom apartment in a beach community is at least $\$ 2000$ per month. The rents for a random sample of 15 one-bedroom apartments are listed below. Test the agent's claim. Use $\alpha = .01$ .
$\begin{array} { l l l l l } \$ 2300 & \$ 2250 & \$ 1700 & \$ 1875 & \$ 1735 \\ \$ 2750 & \$ 2175 & \$ 1670 & \$ 2390 & \$ 3000 \\ \$ 1995 & \$ 2000 & \$ 2075 & \$ 2000 & \$ 1780 \end{array}$

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Definitions:

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Measures or movements that aim for fundamental or transformative changes in society, often through direct, significant, and sometimes confrontational means.

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A prominent figure in the civil rights movement, known for his leadership in the Student Nonviolent Coordinating Committee and his advocacy for Black Power.