Homework 6

Inference Homework

Supplement – 1: Apartment Rental Rates: You want to rent an unfurnished two-bedroom

apartment in Dallas next year. The mean monthly rent for a random sample of 10 apartments

advertised in the local newspaper is $1050. Assume that the monthly rate in Dallas follows a

Normal distribution with a standard deviation of $220. Find a 95% confidence interval for the

mean monthly rent for unfurnished two-bedroom available in Dallas.