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QUESTION

you want to rent an unfurnished one-bedroom apartment in west wood next year.

you want to rent an unfurnished one-bedroom apartment in west wood next year. the mean monthly rent for a simple random sample of 25 apartments advertised in the local newspaper is $1,600 and the standard deviation is $240. Find a 99% confidence interval for the mean monthly rent for unfurnished one bedroom apartments available for rent in this community.

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