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A Real Estate Agent Believes That the Median Rent for a One-Bedroom

Question 31

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A real estate agent believes that the median rent for a one-bedroom apartment in a beach community in southern California is greater than $1200\$ 1200 per month. The rents for a random sample of 15 one-bedroom apartments are listed below. Test the agent's claim. Use α=\alpha = 0.010.01 .
$1500$1450$900$1075$935$1950$1375$870$1590$2200$1195$1200$1275$1200$980\begin{array} { c c c c c } \$ 1500 & \$ 1450 & \$ 900 & \$ 1075 & \$ 935 \\ \$ 1950 & \$ 1375 & \$ 870 & \$ 1590 & \$ 2200 \\ \$ 1195 & \$ 1200 & \$ 1275 & \$ 1200 & \$ 980 \end{array}

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