Question: AutoTrader com claims that the median selling price of used
AutoTrader. com claims that the median selling price of used cars during 2014 was $ 9,275. To test this claim, the following random sample of 2014 used car sales was collected. These data can also be found in the Excel file AutoTrader. xlsx.
Using α = 0.05, perform a hypothesis test to determine if AutoTrader’s claim is supported by this sample.
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