A random sample of 10 one-bedroom apartments from your local newspaper has these monthly rents (dollars):
500 650 600 505 450 550 515 495 650 395
Do these data give good reason to believe that the mean rent of all advertised apartments is greater than $500 per month? Carry out a complete significance test.

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can we assume a normal distribution? if so, then what criteria should we be looking for?

yes we can assume a normal distribution @amistre64

@Nnesha

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