Question
A leasing firm claims that the mean number of miles driven annually,, in its leased cars is less than12980 miles. A random sample of90 cars
A leasing firm claims that the mean number of miles driven annually,, in its leased cars is less than12980 miles. A random sample of90 cars leased from this firm had a mean of12602 annual miles driven. It is known that the population standard deviation of the number of miles driven in cars from this firm is1560 miles. Is there support for the firm's claim at the0.05level of significance?
Perform a one-tailed test. Then fill in the table below.
Carry your intermediate computations to at least three decimal places, and round your responses as specified in the table.
The null hypothesis: H0:
The alternative hypothesis: H1:
The type of test statistic:(Choose one)
Z
t
Chi square
F
The value of the test statistic:
(Round to at least three decimal places.)
Thep-value:
(Round to at least three decimal places.)
Can we support the leasing firm's claim that the mean number of miles driven annually is less than 12980 miles?
Yes
No
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started