A foreign car manufacturer advertises that its newest model, the Bullet, rarely stops at gas stations. In fact, they claimed that its EPA rating for highway driving is at least 32.5 mpg. However, the results of a recent independent study determined the mpg for 50 identical models of the Bullet, with these results: n = 50, x = 30.4 mpg, and s = 5.3 mpg. This report failed to offer any conclusion, and you have been asked to interpret these results by someone who has always felt that the 32.5 figure is too high. What would be your conclusion using a significance level of 5%?
A foreign car manufacturer advertises that its newest model, the Bullet, rarely stops at gas stations. In fact, they claimed that its EPA rating for highway driving is at least 32.5 mpg. However, the results of a recent independent study determined the mpg for 50 identical models of the Bullet, with these results: n = 50, x = 30.4 mpg, and s = 5.3 mpg. This report failed to offer any conclusion, and you have been asked to interpret these results by someone who has always felt that the 32.5 figure is too high. What would be your conclusion using a significance level of 5%?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A foreign car manufacturer advertises that its newest model, the Bullet, rarely stops at gas stations.
In fact, they claimed that its EPA rating for highway driving is at least 32.5 mpg. However, the
results of a recent independent study determined the mpg for 50 identical models of the Bullet,
with these results: n = 50,
x
= 30.4 mpg, and s = 5.3 mpg.
This report failed to offer any conclusion, and you have been asked to interpret these results by
someone who has always felt that the 32.5 figure is too high. What would be your conclusion
using a significance level of 5%?
Z = 1.645
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