Samples of monthly rent prices


Random samples of monthly rent prices, in dollars, for studio and one-bedroom apartments, were obtained for the Pennsylvania cities of Harrisburg and Philadelphia in July 2007. A 90% confidence interval for the difference in population means µH - µP turns out to be
( -$261.1, -$22.3 ).

1. Write a sentence or two interpreting what this interval reveals about the average difference between rents in Harrisburg and Philadelphia.

2. Determine the midpoint of this interval.

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Basic Statistics: Samples of monthly rent prices
Reference No:- TGS0868504

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