Question: M12. Assignment Do Homework - M12. Assignment Intro Statistics (2021SP-MATH-156-DL1) Patricia Cafasso | 04/26/21 8:26 PM Homework: M12. Assignment Save Score: 0 of 4 pts

M12. Assignment Do Homework - M12. Assignment Intro Statistics (2021SP-MATH-156-DL1) Patricia Cafasso | 04/26/21 8:26 PM Homework: M12. Assignment Save Score: 0 of 4 pts 32 of 37 (27 complete) HW Score: 57.24%, 57.24 of 100 pts 7.3.19-T Assigned Media Question Help A used car dealer says that the mean price of a three-year-old sports utility vehicle is $24,000. You suspect this claim is incorrect and find that a random sample of 22 similar vehicles has a mean price of $24,778 and a standard deviation of $1905. Is there enough evidence to reject the claim at a = 0.10? Complete parts (a) through (e) below. Assume the population is normally distributed. (a) Write the claim mathematically and identify Ho and Ha- Which of the following correctly states Ho and He? O A. Ho: H = $24,000 O B. Ho: H z $24,000 O C. Ho: H = $24,000 Ha: p $24,000 D. Ho H = $24,000 OE Hoi u > $24,000 OF. Ho: H # $24,000 Ha: H # $24,000 Ha: US $24,000 Ha: H = $24,000 (b) Find the critical value(s) and identify the rejection region(s) What is(are) the critical value(s), to? 4 = 0 (Use a comma to separate answers as needed, Round to three decimal places as needed.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
