subject
Mathematics, 02.04.2020 03:19 markell42

Commercial real estate prices and rental rates suffered substantial declines in the past year (Newsweek, July 27, 2009). These declines were particularly severe in Asia; annual lease rates in Tokyo, Hong Kong, and Singapore declined by 40% or more. Even with such large declines, annual lease rates in Asia were still higher than in many cities in Europe and the United States. Annual lease rates for a sample of 30 commercial properties in Hong Kong showed an average of $1114 per square meter with a standard deviation of $230. Annual lease rates for a sample of 40 commercial properties in Paris showed an average lease rate of $989 per square meter with a standard deviation of $195.

a. On the basis of the sample results, can we conclude that the mean annual lease rate is higher in Hong Kong than in Paris? Develop appropriate null and alternative hypotheses.

b. Use ? = .01. What is your conclusion?

c. Are rental rates higher in Hong Kong than in Paris?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 14:30
Find the zeros of the function. write the smaller solution first, and the larger solution second f(x)= (x+6)^2-49
Answers: 2
question
Mathematics, 21.06.2019 22:30
Which statements are true about additional information for proving that the triangles are congruent check all that apply
Answers: 1
question
Mathematics, 21.06.2019 23:30
Write a similarity statement for the similar triangles. afgh ~ a
Answers: 1
question
Mathematics, 22.06.2019 03:00
Darcy deposited $390 into a savings account. as long as the account balance remains at or above $150, she does not have to pay a service fee for the account. for how many months can she withdraw $40 a month without having to pay service fees? a) 3 b) 5 c) 6 d) 9
Answers: 1
You know the right answer?
Commercial real estate prices and rental rates suffered substantial declines in the past year (Newsw...
Questions
question
History, 03.09.2020 06:01
question
English, 03.09.2020 06:01
question
Mathematics, 03.09.2020 06:01
question
Mathematics, 03.09.2020 06:01
question
Law, 03.09.2020 06:01
question
Mathematics, 03.09.2020 07:01
Questions on the website: 13722367