(c) Find the standardized test statistic t. %3D = (Round to two decimal places as needed.) (d) Decide whether to reject or fail to reject the null hypothesis. O A. Reject Ho because the test statistic is not in the rejection region(s). O B. Fail to reject H, because the test statistic is not in the rejection region(s). O C. Fail to reject Ho because the test statistic is in the rejection region(s). O D. Reiect Hn because tho tort oto

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(c) Find the standardized test statistic t.
%3D
= (Round to two decimal places as needed.)
(d) Decide whether to reject or fail to reject the null hypothesis.
O A. Reject Ho because the test statistic is not in the rejection region(s).
O B. Fail to reject H, because the test statistic is not in the rejection region(s).
O C. Fail to reject Ho because the test statistic is in the rejection region(s).
O D. Reiect Hn because tho tort oto
Transcribed Image Text:(c) Find the standardized test statistic t. %3D = (Round to two decimal places as needed.) (d) Decide whether to reject or fail to reject the null hypothesis. O A. Reject Ho because the test statistic is not in the rejection region(s). O B. Fail to reject H, because the test statistic is not in the rejection region(s). O C. Fail to reject Ho because the test statistic is in the rejection region(s). O D. Reiect Hn because tho tort oto
A used car dealer says that the mean price of a three-year-old sports utility vehicle is $19,000. You suspect this claim is incorrect and find that a random sample of 23 similar vehicles has a mean price of $19,586 and a standard deviation of $1910. Is there enough evidence to reject the claim at a= 001? Complete p
through (e) below. Assume the population is normally distributed.
(a) Write the claim mathematically and identify H, and Ha-
Which of the following correctly states Ho and H,?
O A. Hg: =$19,000
Hg: H<$19,000
O B. Ho H= $19,000
Ha H#$19,000
O D. Ho H>$19,000
O C. H: u= $19,000
Ha: ps$19,000
O E. H, µ#$19,000
Ha: µ> $19,000
(b) Find the critical value(s) and identify the rejection region(s).
Ha u= $19,000
O F. Ho: H2 $19,000
What is(are) the critical value(s), to?
Ha: H<$19,000
to =
(Use a comma to separate answers as needed. Round to three decimal places as needed.)
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 A. t<
and t>
<t<
O B. t<
(c) Find the standardized test statistic t.
O D. t>
(Round to two decimal places as needed.)
(d) Decide whether to reject or fail to reject the null hypothesis.
O A. Reject Ho because the test statistic is not in the rejection region(s).
O B. Fail to reject Ho because the test statistic is not in the rejection region(s).
O C. Fail to reject H, because the test statistic is in the rejection region(s).
O D. Reject H, because the test statistic is in the rejection region(s).
(e) Interpret the decision in the context of the original claim.
O A. At the 1% level of significance, there is sufficient evidence to reject the claim that the mean price is $19,00.
Click to select your answer(s).
DELL
Raheen Business Park
Limerick, Ireland
www.deil.com
V100-240 V-
A. 44
Hz 50-60 I2
lodel: 01BM
AM/
Chelete
Transcribed Image Text:A used car dealer says that the mean price of a three-year-old sports utility vehicle is $19,000. You suspect this claim is incorrect and find that a random sample of 23 similar vehicles has a mean price of $19,586 and a standard deviation of $1910. Is there enough evidence to reject the claim at a= 001? Complete p through (e) below. Assume the population is normally distributed. (a) Write the claim mathematically and identify H, and Ha- Which of the following correctly states Ho and H,? O A. Hg: =$19,000 Hg: H<$19,000 O B. Ho H= $19,000 Ha H#$19,000 O D. Ho H>$19,000 O C. H: u= $19,000 Ha: ps$19,000 O E. H, µ#$19,000 Ha: µ> $19,000 (b) Find the critical value(s) and identify the rejection region(s). Ha u= $19,000 O F. Ho: H2 $19,000 What is(are) the critical value(s), to? Ha: H<$19,000 to = (Use a comma to separate answers as needed. Round to three decimal places as needed.) 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 A. t< and t> <t< O B. t< (c) Find the standardized test statistic t. O D. t> (Round to two decimal places as needed.) (d) Decide whether to reject or fail to reject the null hypothesis. O A. Reject Ho because the test statistic is not in the rejection region(s). O B. Fail to reject Ho because the test statistic is not in the rejection region(s). O C. Fail to reject H, because the test statistic is in the rejection region(s). O D. Reject H, because the test statistic is in the rejection region(s). (e) Interpret the decision in the context of the original claim. O A. At the 1% level of significance, there is sufficient evidence to reject the claim that the mean price is $19,00. Click to select your answer(s). DELL Raheen Business Park Limerick, Ireland www.deil.com V100-240 V- A. 44 Hz 50-60 I2 lodel: 01BM AM/ Chelete
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 mean price of 3 year old sports utility vehicle: μ = $19,000sample size : n =23sample mean price of sample 3 year old sports utility vehicle :x¯ =$19586 sample standard deviation price of sample 3 year old sports utility vehicle :s=$1910

 

Part A hypothesises

The null and alternative hypothesises are given as :

A.   H0: μ = $19,000    vs  H1: μ  $19,000

 

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