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Alisha is moving to UCLA for her Ph.D. degree. She wants to rent an unfurnished one-bedroom apartment in Los Angeles, CA
Posted: Thu Feb 17, 2022 10:58 am
by answerhappygod
- Alisha Is Moving To Ucla For Her Ph D Degree She Wants To Rent An Unfurnished One Bedroom Apartment In Los Angeles Ca 1 (37.71 KiB) Viewed 60 times
Alisha is moving to UCLA for her Ph.D. degree. She wants to rent an unfurnished one-bedroom apartment in Los Angeles, CA. The mean monthly rent for a random sample of 40 apartments advertised on Apartments.com (a website that lists apartments for rent) is $2000. Based on this sample and a known population standard deviation o, a one of her friends provided a 95% confidence interval ($1938.0193, $2061.9806) for mean monthly rent for an unfurnished one-bedroom apartment in Los Angeles. How large a sample (minimum observations needed in the sample) of one-bedroom apartments advertised would be needed to estimate the actual mean monthly rent within plus or minus $100 with 99% confidence? 5&page=148