Question: A real estate agent surmises that the median rent for a one-bedroom apartment in a beach community in southern California is at least $1500 per month. The rents for a random sample of 15 one-bedroom apartments are listed below. Test the agent’s claim using a Sign Test (guidelines on page 599 in our textbook) with a = 0.01.


$1750 $1200 $1375 $1235 $2250 $1675 $1170 $1890 $2500 $1495 $1500 $1575 $1500 $1280 $1800