With economical concerns being so great, many people are no longer purchasing new vehicles, but are instead keeping their vehicles for a longer period of time, until they no longer work. The American Automobile Association is interested in determining if the average age of vehicles for Americans is different than six years. A random sample of 35 Americans was obtained. The aver- age age of their vehicles was 6.2 years with standard deviation 1.2. a. Set up the null and alternative hypothesis: b. At the 1% significance level, use a CI to determine if the average age of yehicles for Americans
With economical concerns being so great, many people are no longer purchasing new vehicles, but are instead keeping their vehicles for a longer period of time, until they no longer work. The American Automobile Association is interested in determining if the average age of vehicles for Americans is different than six years. A random sample of 35 Americans was obtained. The aver- age age of their vehicles was 6.2 years with standard deviation 1.2. a. Set up the null and alternative hypothesis: b. At the 1% significance level, use a CI to determine if the average age of yehicles for Americans
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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1) Ho hypothesis
2) Confidence Interval
3) Decision for Ho hypothesis
4) Conclusion
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