Exercise

Test for median price of 1 BR apartments in Manhattan

Let's turn our attention back to Manhattan apartments. 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.

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Generate 15000 bootstrap samples centered at null. The specify, generate, and calculate steps are completed for you.

Set a point null hypothesis with a median of 2500.

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Instructions 1/3

Exercise