Question: c) Is there a significant difference in mean Highway MPG for cheap and moderate priced cars with Horsepower rating of 80-160? Calculate Inferential statistics on
c) Is there a significant difference in mean Highway MPG for "cheap" and "moderate" priced cars with Horsepower rating of 80-160?
Calculate Inferential statistics on this question: Null and alternative hypotheses Level of significance (why this level?) Critical values (explain how you got them) Test statistics (classical method and p-value method) Test requirements met? Display formulas and intermittent calculations through final answer Test conclusion (compare test statistic with critical value) Interpretation Statement Confidence intervals
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