subject
Mathematics, 13.06.2020 15:57 grandpamyth

The mean price for used cars is $10,884. A manager of a Kansas City used car dealership reviewed a sample of 50 recent used car sales at the dealership in an attempt to determine whether the population mean price for used cars at this particular dealership differed from the national mean. The prices for the sample of 50 cars are contained in the Excel Online file below. Construct a spreadsheet to answer the following questions. Open spreadsheet a. Formulate the hypotheses that can be used to determine whether a difference exists in the mean price for used cars at the dealership. b. What are the test statistic and the -value? Do not round intermediate calculations. (to 3 decimals) -value (to 4 decimals) c. At , what is your conclusion? the null hypothesis. We have evidence to conclude that the population mean price at this dealership differs from the national mean price of $10,884.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 16:00
Write two subtraction equations that are equivalent to 5 + 12 = 17.
Answers: 3
question
Mathematics, 21.06.2019 17:00
Omar is going on a road trip! the car rental company offers him two types of cars. each car has a fixed price, but he also needs to consider the cost of fuel. the first car costs $90 to rent, and because of its fuel consumption rate, there's an additional cost of s0.50 per kilometer driven.
Answers: 2
question
Mathematics, 22.06.2019 00:30
Which of these side lengths could form a triangle a) 2 cm , 2 cm , 4 cm b) 3 cm , 5 cm , 10 cm c) 3 cm , 4 cm , 5 cm d) 4 cm , 8 cm , 15 cm
Answers: 1
question
Mathematics, 22.06.2019 01:00
Mia’s gross pay is 2953 her deductions total 724.15 what percent if her gross pay is take-home pay
Answers: 2
You know the right answer?
The mean price for used cars is $10,884. A manager of a Kansas City used car dealership reviewed a s...
Questions
question
Social Studies, 01.12.2020 17:00
question
Health, 01.12.2020 17:00