Question: In 2008, a small dealership leased 21 Suburu Outbacks on 2-year leases. When the cars were returned in 2010, the mileage was recorded (see below).

In 2008, a small dealership leased 21 Suburu Outbacks on 2-year leases. When the cars were returned in 2010, the mileage was recorded (see below). Is the dealer's mean significantly greater than the national average of 30,000 miles for 2-year leased vehicles, using the 10 per- cent level of significance?

40,060 24,960 14,310 17,370 44,740 44,550 20,250 33,380 24,270 41,740 58,630 35,830

40,060 24,960 14,310 17,370 44,740 44,550 20,250 33,380 24,270 41,740 58,630 35,830 25,750 28,910 25,090 43,380 23,940 43,510 53,680 31,810 36,780

Step by Step Solution

3.33 Rating (150 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

therefore reject H 0 This dealer shows a sign... 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

485-M-S-H-T (1743).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!