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QUESTION

Pat wonders if two-bedroom apartments rent for significantly more than onebedroom apartments. B) State appropriate null and alternative hypotheses.

Pat wonders if two-bedroom apartments rent for significantly more than onebedroom apartments. B) State appropriate null and alternative hypotheses. C) Report the test statistic, its degrees of freedom, and the p-value. What do you conclude? D) Can you conclude that every one-bedroom apartment costs less than every two-bedroom apartment? E) Which is more useful to someone planning to rent an apartment, the confidence interval or the significance test? Why?

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