A newspaper wants to test if the average rent paid by, Microeconomics

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A newspaper wants to test if the average rent paid by

A newspaper wants to test if the average rent paid by students has increased from last year's average of $430 per bedroom. A random sample of 36 off campus students gives a mean of $457 with a standard deviation of $63.

The critical value is 1.96

How would you find the test statistic?

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Microeconomics: A newspaper wants to test if the average rent paid by

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