32. According to the National Automobile Dealers Association, the mean price for used cars is $10,192. 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 shown in the file named UsedCars. 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 is the p-value? c. At a = .05, what is your conclusion? %3D

32. According to the National Automobile Dealers Association, the mean price for used cars is $10,192. 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 shown in the file named UsedCars. 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 is the p-value? c. At a = .05, what is your conclusion? %3D

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Description: I don't want Excel or Minitab Solutions, I want simply hand written or simple text solution 32. According to the National Automobile Dealers Association, the mean price for used carsis $10,192. A manager of a Kansas City used car dealership reviewed

MATLAB: An Introduction with Applications

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Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question

I don't want Excel or Minitab Solutions, I want simply hand written or simple text solution

32. According to the National Automobile Dealers Association, the mean price for used cars
is $10,192. 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 shown in the file named UsedCars.
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 is the p-value?
c. At a = .05, what is your conclusion?
а.
%3D

fx
Sale Price
A
В
D
1
Sale Price
2
12400
3
10400
4
12100
5
10000
6.
11000
7
8895
8
7675
9975
10
6350
11
10470
12
9895
13
11250
14
8795
15
12500
16
9340
17
10150
18
9200
19
9395
20
11000
21
10640
22
10000
23
7500
24
8000
25
10440
26
10200
27
10300
28
9740
29
9280
30
10930
31
8000
32
9000
33
7680
34
9400
35
10730
36
7350
37
12240
38
11970
39
8240
40
9910
41
10080
42
9440
43
8970
44
9500
45
10050
46
10130
47
11400
48
8500
49
7500
50
9090
51
10500
52

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