Question: According to the website www.cnet.com, a joint study from J.D. Power and LMC Automotive indicates that the average new-vehicle transaction price in the United States
According to the website www.cnet.com, a joint study from J.D. Power and LMC Automotive indicates that the average new-vehicle transaction price in the United States for August, 2021 exceeded $41,000. Suppose a random sample of 12 vehicles sold during August 2021 reveals the following transaction prices:
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