Answer this question Aused car dealer says that the mean price of a three-year-old sports utility vehicle is $21,000. You suspect this claim is incorrect and find that a random sample of 21 similarvehicles has a mean price of $21,696 and a standard deviation of $1956. Is there enough evidence to reject the claim at a= 0.05? Complete parts (a) through (e) below. Assumethe population is normally distributed.(a) Write the claim mathematically and identify Ho and Ha.Which of the following correctly states Ho and H?O A. Ho: H#$21,000O B. Ho: H=$21,000Ha: µ= $21,000O C. Ho: µ2$21,000Ha: µ $21,000(b) Find the critical value(s) and identify the rejection region(s).What is(are) the critical value(s), to?to = D(Use a comma to separate answers as needed. Round to three decimal places as needed.)Clear allCheck answerView an exampleGet more help -Help me solve thisP PearsonCopyright © 2021 Pearson Education Inc. All rights reserved. Terms of Use | Privacy Policy I Permissions I Contact Us /6:08 PM72°F12/9/2021search

Question

Answer this question Aused car dealer says that the mean price of a three-year-old sports utility vehicle is $21,000. You suspect this claim is incorrect and find that a random sample of 21 similarvehicles has a mean price of $21,696 and a standard deviation of $1956. Is there enough evidence to reject the claim at a= 0.05? Complete parts (a) through (e) below. Assumethe population is normally distributed.(a) Write the claim mathematically and identify Ho and Ha.Which of the following correctly states Ho and H?O A. Ho: H#$21,000O B. Ho: H=$21,000Ha: µ= $21,000O C. Ho: µ2$21,000Ha: µ< $21,000H µ< $21,000O D. Ho: u= $21,000O E. Ho: µ> $21,000Ha us $21,000F. Ho: H= $21,000H p#$21,000Ha µ> $21,000(b) Find the critical value(s) and identify the rejection region(s).What is(are) the critical value(s), to?to = D(Use a comma to separate answers as needed. Round to three decimal places as needed.)Clear allCheck answerView an exampleGet more help -Help me solve thisP PearsonCopyright © 2021 Pearson Education Inc. All rights reserved. Terms of Use | Privacy Policy I Permissions I Contact Us /6:08 PM72°F12/9/2021search

Accepted Answer

Solution
Given 
Alpha =0.05