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 21 similar vehicles has a mean price of $19,857 and a standard deviation of $1930. Is there enough evidence to reject the claim at a = 0.05? Complete parts (a) through (e) below. Assume the population is normally distributed. C (a) Write the claim mathematically and identify Ho and Ha Which of the following correctly states Ho and H₂? OA. Ho: 2$19,000 OB. Ho: $19,000 H₂H<$19,000 H₂H<$19,000 C. Ho: #$19,000 H:H=$19,000 D. Ho: p=$19,000 OE. Ho: H=$19,000 H₂:μ>$19,000 OF. Hou>$19,000 Hus$19,000 H:μ#$19,000 (b) Find the critical value(s) and identify the rejection region(s). What is(are) the critical value(s), to? to-2.086,2.086 (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.). OA. OB. t< OD. t>
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 21 similar vehicles has a mean price of $19,857 and a standard deviation of $1930. Is there enough evidence to reject the claim at a = 0.05? Complete parts (a) through (e) below. Assume the population is normally distributed. C (a) Write the claim mathematically and identify Ho and Ha Which of the following correctly states Ho and H₂? OA. Ho: 2$19,000 OB. Ho: $19,000 H₂H<$19,000 H₂H<$19,000 C. Ho: #$19,000 H:H=$19,000 D. Ho: p=$19,000 OE. Ho: H=$19,000 H₂:μ>$19,000 OF. Hou>$19,000 Hus$19,000 H:μ#$19,000 (b) Find the critical value(s) and identify the rejection region(s). What is(are) the critical value(s), to? to-2.086,2.086 (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.). OA. OB. t< OD. t>
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill