A car dealer claims that the average price of 2012 Ford Taurus is more than $9000. The population standard deviation of 2012 Ford Taurus car price is $450. You suspect the dealer’s claim and took a sample of 33 cars and found the average car price to be $9100. Test the dealer’s claim at 1% level of significance by both the

MATLAB: An Introduction with Applications
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A car dealer claims that the average price of 2012 Ford Taurus is more than $9000. The population standard deviation of 2012 Ford Taurus car price is $450. You suspect the dealer’s claim and took a sample of 33 cars and found the average car price to be $9100. Test the dealer’s claim at 1% level of significance by both the critical value approach and the p-value approach.
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