This assignment explores hypothesis testing in the context of apartment rental prices. It focuses on comparing weekly rent values in New Town and Hurstville using a right-tailed t-test to examine whether the average rent in New Town is higher than $450.  The assignment also employs a two independent sample means test assuming equal variance to determine if the average rent in New Town is statistically significantly lower than that in Hurstville. Sample data, calculations, and decisions based on p-values are provided for both tests.

Solved assignment on hypothesis testing for apartment rent comparison in New Town and Hurstville suburbs.

[PDF] Apartment Rent Hypothesis Test

Hypothesis Testing for Rent Comparison

This assignment focuses on applying hypothesis testing to real estate data. Students analyze weekly rent samples from New Town and Hurstville,  testing if the average rent in New Town exceeds $450 and comparing it to Hurstville's average rent. The assignment utilizes t-tests and provides calculated p-values to reach conclusions about significant differences in rental prices between the two suburbs.

Statistics and Probability

Hypothesis Testing & Rent Analysis

This assignment examines the weekly rent of apartments in New Town and Hurstville suburbs. It applies hypothesis testing to determine if the average rent in New Town is greater than $450 and if there's a statistically significant difference between rents in the two suburbs. The analysis uses sample data, calculates t-values, p-values, and draws conclusions based on significance levels. Results indicate that the average rent in New Town is significantly higher than $450 but no significant difference exists between the two suburbs.

Apartment Rent Comparison: Hypothesis Testing

Health Aide

This assignment examines the rental market in Sydney, specifically comparing the average weekly rent for two-bedroom apartments in Newtown and Hurstville.  The student employs statistical techniques like t-tests to analyze a sample of 50 apartments from each suburb. The analysis aims to determine if there is a significant difference in average rent between the two suburbs and whether Newtown's average rent exceeds $450 per week.

University of the Visayas

Sydney Apartment Rent Comparison

To test the claim above, a one sample t-test is employed Hypothesis H0: The mean number of hours worked across the industry is 48 per week Versus H1: The mean number of hours worked across the industry is less than 48 per week The test results were as shown below at 95% confidence interval One-Sample Test Test Value = 48 t df Sig. (2-tailed) Mean Difference 95% Confidence Interval of the Difference Lower Work hours -5.905 449 .000 -2.

Hypothesis Testing for Rent Comparison

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Hypothesis Testing & Rent Analysislg...

Apartment Rent Comparison: Hypothesis Testinglg...

Sydney Apartment Rent Comparisonlg...

The proportion of employees who are likely to stay in their jobslg...

Statistics and Probability Questions 2022lg...

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Hypothesis Testing & Rent Analysis

Apartment Rent Comparison: Hypothesis Testing

Sydney Apartment Rent Comparison

The proportion of employees who are likely to stay in their jobs

Statistics and Probability Questions 2022

Population mean or mean score of school