Conclude the hypothesis test on median
The p-value you calculated in the previous exercise is available as rent_p_value
.
Recall the problem statement: We would like to evaluate whether this data provides evidence that the median rent of 1 BR apartments in Manhattan is greater than $2,500.
What is the conclusion of the hypothesis test at the 5% significance level?
This exercise is part of the course
Inference for Numerical Data in R
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