Question
A sales manager of a car dealership believes its takes less than 60 days, on average, to sell an SUV. In testing the manager's claim,
A sales manager of a car dealership believes its takes less than 60 days, on average, to sell an SUV. In testing the manager's claim, if the ztest= -1.98 and the zcrit= -1.86, what conclusion can be reached? (Hint: write out your hypotheses, draw rejection region(s) and use the rejection rule for the critical value approach)
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Essentials Of Business Statistics Communicating With Numbers
Authors: Sanjiv Jaggia, Alison Kelly
1st Edition
78020549, 978-0078020544
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