According to the Pak Car Dealers, the mean price for used cars is Rs. 900,000. A Firm reviewed a sample data of 35% used car sales at the dealership. In an attempt to determine whether the population mean price for used cars at this particular dealership differed from the national mean. The prices in Rupees for the sample of 30 cars are shown in the Tabl- Table 2: Used Cars Data (Price in Rs) 200000 700000 240000 250000 220000 740000 280000 285000 680000 430000 335000 280000 540000 400000 470000 350000 450000 860000 780000 510000 900000 720000 270000 350000 800000 275000 270000 950000 640000 540000

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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According to the Pak Car Dealers, the mean price for used cars is
Rs. 900,000. A Firm reviewed a sample data of 35% used car sales at the dealership. In an attempt to determine whether the population mean price for
used cars at this particular dealership differed from the national mean. The prices in Rupees for the sample of 30 cars are shown in the Tabl-
Table 2: Used Cars Data (Price in Rs)
200000 700000 240000
250000 220000 740000
280000 285000 680000
430000 335000 280000
540000 400000 470000
350000 450000 860000
780000 510000 900000
720000 270000 350000
800000 275000 270000
950000 640000 540000
Transcribed Image Text:According to the Pak Car Dealers, the mean price for used cars is Rs. 900,000. A Firm reviewed a sample data of 35% used car sales at the dealership. In an attempt to determine whether the population mean price for used cars at this particular dealership differed from the national mean. The prices in Rupees for the sample of 30 cars are shown in the Tabl- Table 2: Used Cars Data (Price in Rs) 200000 700000 240000 250000 220000 740000 280000 285000 680000 430000 335000 280000 540000 400000 470000 350000 450000 860000 780000 510000 900000 720000 270000 350000 800000 275000 270000 950000 640000 540000
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