(a) Identify the claim and state H0 and Ha.​(b) Use technology to find the critical​ value(s) and identify the rejection​ region(s). (c) Find the standardized test​ statistic, t.​(d) Decide whether to reject or fail to reject the null hypothesis.​(e) Interpret the decision in the context of the original claim.

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​(a) Identify the claim and state H0 and Ha. ​(b) Use technology to find the critical​ value(s) and identify the rejection​ region(s). (c) Find the standardized test​ statistic, t. ​(d) Decide whether to reject or fail to reject the null hypothesis. ​(e) Interpret the decision in the context of the original claim.
A used car dealer says that the mean price of a three-year-old sports utility vehicle is $21,000. You suspect this claim is incorrect and find that a random sample of 24
similar vehicles has a mean price of $21,800 and a standard deviation of $1959. Is there enough evidence to reject the claim at a = 0.01? Complete parts (a) through (e)
below. Assume the population is normally distributed.
O A. Ho: #$21,000
Ha:H = $21,000
OB. Ho: µ2 $21,000
Ha:µ< $21,000
C. Họ: µ= $21,000
H µ±$21,000
O D. Ho: H>$21,000
Ha:us $21,000
O E. Ho: H= $21,000
Ha: µ > $21,000
OF Ho:H=$21,000
Hg: H<$21,000
(b) Find the critical value(s) and identify the rejection region(s).
What is(are) the critical value(s), to?
to =
(Use a comma to separate answers as needed. Round to three decimal places as needed.)
Enter your answer in the answer box and then click Check Answer.
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Transcribed Image Text:A used car dealer says that the mean price of a three-year-old sports utility vehicle is $21,000. You suspect this claim is incorrect and find that a random sample of 24 similar vehicles has a mean price of $21,800 and a standard deviation of $1959. Is there enough evidence to reject the claim at a = 0.01? Complete parts (a) through (e) below. Assume the population is normally distributed. O A. Ho: #$21,000 Ha:H = $21,000 OB. Ho: µ2 $21,000 Ha:µ< $21,000 C. Họ: µ= $21,000 H µ±$21,000 O D. Ho: H>$21,000 Ha:us $21,000 O E. Ho: H= $21,000 Ha: µ > $21,000 OF Ho:H=$21,000 Hg: H<$21,000 (b) Find the critical value(s) and identify the rejection region(s). What is(are) the critical value(s), to? to = (Use a comma to separate answers as needed. Round to three decimal places as needed.) Enter your answer in the answer box and then click Check Answer. Clear All Check Answer 4 parts remaining
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