Probability & Statistics
posted by James on .
You want to rent an unfurnished onebedroom apartment in Boston next year. The mean monthly rent for a random sample of 14 apartments advertised in the local newspaper is $1200. Assume that the standard deviation is $230. Find a 95% confidence interval for the mean monthly rent for unfurnished onebedroom apartments available for rent in this community.

Answered in a subsequent post.