Question: A Roper poll used a sample of 100 randomly selected car owners. Within the sample, the mean time of ownership for a single car was

A Roper poll used a sample of 100 randomly selected car owners. Within the sample, the mean time of ownership for a single car was 7.01 years with a standard deviation of 3.74 years. Test the claim by the owner of a large dealership that the mean time of ownership for all cars is less than 7.5 years.

Step by Step Solution

3.37 Rating (172 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

H 0 75 H a 75Since the sample size is large well assume Tha... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

666-M-S-H-T (4212).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!