Answer this

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
icon
Related questions
Question
Answer this question
Aused 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 21 similar
vehicles has a mean price of $21,696 and a standard deviation of $1956. Is there enough evidence to reject the claim at a= 0.05? Complete parts (a) through (e) below. Assume
the population is normally distributed.
(a) Write the claim mathematically and identify Ho and Ha.
Which of the following correctly states Ho and H?
O A. Ho: H#$21,000
O B. Ho: H=$21,000
Ha: µ= $21,000
O C. Ho: µ2$21,000
Ha: µ< $21,000
H µ< $21,000
O D. Ho: u= $21,000
O E. Ho: µ> $21,000
Ha us $21,000
F. Ho: H= $21,000
H p#$21,000
Ha µ> $21,000
(b) Find the critical value(s) and identify the rejection region(s).
What is(are) the critical value(s), to?
to = D
(Use a comma to separate answers as needed. Round to three decimal places as needed.)
Clear all
Check answer
View an example
Get more help -
Help me solve this
P Pearson
Copyright © 2021 Pearson Education Inc. All rights reserved. Terms of Use | Privacy Policy I Permissions I Contact Us /
6:08 PM
72°F
12/9/2021
search
Transcribed Image Text:Aused 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 21 similar vehicles has a mean price of $21,696 and a standard deviation of $1956. Is there enough evidence to reject the claim at a= 0.05? Complete parts (a) through (e) below. Assume the population is normally distributed. (a) Write the claim mathematically and identify Ho and Ha. Which of the following correctly states Ho and H? O A. Ho: H#$21,000 O B. Ho: H=$21,000 Ha: µ= $21,000 O C. Ho: µ2$21,000 Ha: µ< $21,000 H µ< $21,000 O D. Ho: u= $21,000 O E. Ho: µ> $21,000 Ha us $21,000 F. Ho: H= $21,000 H p#$21,000 Ha µ> $21,000 (b) Find the critical value(s) and identify the rejection region(s). What is(are) the critical value(s), to? to = D (Use a comma to separate answers as needed. Round to three decimal places as needed.) Clear all Check answer View an example Get more help - Help me solve this P Pearson Copyright © 2021 Pearson Education Inc. All rights reserved. Terms of Use | Privacy Policy I Permissions I Contact Us / 6:08 PM 72°F 12/9/2021 search
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON