Question: Suppose the U S Bureau of Economic Analysis would like to
Suppose the U.S. Bureau of Economic Analysis would like to determine if the median selling price of new domestic cars is less than the median price of new imported cars. A random sample of both types of cars was collected, and their selling prices, in thousands of dollars, were as follows. These data can also be found in the Excel file domestic. xlsx.
Using α = 0.05, perform a hypothesis test to determine if the median selling price for imported cars is higher than it is for domestic cars.
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