The average monthly rent for one-bedroom apartments in Chattanooga has been $1200. Because of the downturn in the real estate market, it is believed that there has been a decrease in the average rental. The correct hypotheses to be tested are:_______

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Complete Question

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Answer:

The correct option is b

Step-by-step explanation:

From the question we are told that

   The average monthly  rent for one-bedroom apartment in Chattanooga has been  

         [tex]\mu = \$ 1200[/tex]

This mean that the null hypothesis is  

        [tex]H_o : \mu = \$ 1200[/tex]

Generally given from the question that it is believed that there has been a decrease in the average rental , it then mean that the  alternative hypothesis is  

         [tex]H_a : \mu < \$ 1200[/tex]

       

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