Aused car dealer says that the mean price of a three-year-old sports utility vehicle is $24,000. You suspect this claim is incorrect and find that a random sample of 24 similar vehicles has a mean price of $24,521 and a standard deviation of $1913. Is there enough evidence to reject the claim at a=0.05? Complete parts (a) through (e) below. Assume the population is normally distributed. Determine the rejection region(s). Select the correct choice below and fill in the answer box(es) within your choice. (Round to three decimal places as needed.) O B. O C. t< and t> (c) Find the standardized test statistic t. t= (Round to two decimal places as needed.) (d) Decide whether to reject or fail to reject the null hypothesis. O A. Fail to reject Ho because the test statistic is in the rejection region(s) O B. Reject H, because the test statistic is in the rejection region(s). O C. Fail to reject H, because the test statistic is not in the rejection region(s). O D. Reject H, because the test statistic is not in the rejection region(s). (e) Interpret the decision in the context of the original claim. Next Textbook Calculator 6:09 AM A O A * 12/6/2021 50°F 99+ P Type here to search 音
Aused car dealer says that the mean price of a three-year-old sports utility vehicle is $24,000. You suspect this claim is incorrect and find that a random sample of 24 similar vehicles has a mean price of $24,521 and a standard deviation of $1913. Is there enough evidence to reject the claim at a=0.05? Complete parts (a) through (e) below. Assume the population is normally distributed. Determine the rejection region(s). Select the correct choice below and fill in the answer box(es) within your choice. (Round to three decimal places as needed.) O B. O C. t< and t> (c) Find the standardized test statistic t. t= (Round to two decimal places as needed.) (d) Decide whether to reject or fail to reject the null hypothesis. O A. Fail to reject Ho because the test statistic is in the rejection region(s) O B. Reject H, because the test statistic is in the rejection region(s). O C. Fail to reject H, because the test statistic is not in the rejection region(s). O D. Reject H, because the test statistic is not in the rejection region(s). (e) Interpret the decision in the context of the original claim. Next Textbook Calculator 6:09 AM A O A * 12/6/2021 50°F 99+ P Type here to search 音
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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