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Mathematics, 23.03.2020 18:00 franco43

A random sample of 10 one-bedroom apartments from your local newspaper has these monthly rents (dollars).

600, 665, 535, 330, 420, 480, 695, 540, 370, 410

Assume these monthly rents are normally distributed. Do these data give good reason to believe that the mean rent of all advertised apartments is greater than $500 per month?

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