Question
A city public affairs officer claims that the average car in their area sells for more than the 40 th percentile of your data set.
A city public affairs officer claims that the average car in their area sells for more thanthe 40thpercentile of your data set. Using the data, below run a hypothesis test to determine if the claim can be supported. Use alpha = .05 to test your claim.
| Price | |
| $40,000.00 | |
| $15,500.00 | |
| $22,350.00 | |
| $37,200.00 | |
| $32,000.00 | |
| $35,000.00 | |
| $35,000.00 | |
| $41,000.00 | |
| $31,000.00 | |
| $36,000.00 | |
| Mean: | $32,505.00 |
| Median: | $35,000.00 |
| SD: | $7,957.26 |
| Sample Size: | 10 |
| Aaverage | |
| Average Cost: | $32,505.00 |
| Average city MPG: | 47.5 |
| Average HWY MPG: | 39.8 |
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Elementary Linear Programming With Applications
Authors: Bernard Kolman, Robert E Beck
2nd Edition
0080530796, 9780080530796
