t = 2.625
df = n-1 = 15
P-value = 0.0096
You randomly choose 16 unfurnished one-bedroom apartments from a large number of advertisements in your local newspaper. You calculate that their mean monthly rent is $613 and their standard deviation is $96. Does this SRS give good reason to believe that the mean rent of all advertised one-bedroom apartments is greater than $550? State the hypotheses.
Fill in the blanks:
The t statistic is ______ (give your answer to 3 decimal places) with df = _____ (Give your answer as a whole number) and P-value of ______ (Give your answer to 4 decimal places)
I know the first two are
1.753
15
but i've no idea how to calculate p-value
1 answer