Though there is not so much information, but the fact that $700 is an average. We can work with two hypothesis at first, he first Hypothesis before the downturn the rent are over $700. And the second one, the bedroom rent are under $700.
Graphically, the shaded area before the downturn, represents the set of values for Rents greater than $700. So, rent (y) > 700
) Graphically, the shaded area after the downturn, represents the set of values for Rents lesser than $700. So, rent 700 <y<0
A hypothesis is an educated prediction regarding the solution to a scientific question that is supported by sound reasoning. It is the expected result of the experiment, however it is not proof in an experiment.
Depending on the information received, it might be supported or might not be supported at all.