Question: A poll used a sample of 100 100 randomly selected car owners. Within thesample, the mean time of ownership for a single car was 6.20
A poll used a sample of 100
100 randomly selected car owners. Within thesample, the mean time of ownership for a single car was 6.20
6.20 years with a standard deviation of 3.62
3.62 years. Test the claim by the owner of a large dealership that the mean time of ownership for all cars is less than 6.5
6.5 years. Use a 0.05 significance level.
State the null and alternative hypotheses.
Find thez-score.
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